Statista's 2021 survey revealed that India, thanks to its financial appeal and abundant skilled workforce, was the most sought-after destination for offshore software development.

The country's benefits and top-tier talent attracted some of the world’s biggest giants like Microsoft, Ford Motor Company, and American Express.

India brings a one-of-a-kind set of advantages to the table that can turbocharge your operations and help your existing in-house team. In the following sections, we'll dive into why India tops the charts as the go-to spot for offshoring.

Cost-effectiveness

One of the most significant advantages of offshoring to India is the significantly lower labour costs compared to Western countries. 

The average hourly wage for an IT employee in India is around . Compare this to in the United States, and it's easy to see how offshoring to India can cut costs. 

Additionally, India offers:

• cost-effective infrastructure, including office space and modern facilities

• favorable tax incentives and pro-investment government policies

• reduced operational expenses and enhanced profitability

• lower cost of living for employees, benefiting both employers and offshore teams

Highly educated workforce

India has a vast and highly educated workforce. The country produces over 2.6 million STEM graduates each year! 

Additionally, English is widely spoken and used as a medium of instruction in India's education system. With their linguistic skills, India's offshore teams can communicate and collaborate seamlessly with their global counterparts, breaking down the language barriers hindering international cooperation.

Access to a large talent pool

Regarding accessing skilled engineers, India is in a league of its own. 

But what makes India's talent pool unique?

• Professions and niches that are often scarce in Western countries

• The ability to adapt and embrace new challenges

• Professionals with a hunger for growth and a drive for excellence

• Solid educational institutions producing skilled graduates

• A strong work ethic

As a result, businesses that choose to offshore software development to India are not just tapping into a large workforce but connecting with a dynamic and motivated community eager to contribute to their success.

Thriving startup culture

In recent years, India has emerged as a thriving hub for high-tech startups, with cities like Bangalore leading in cultivating innovative ecosystems. These cities have become magnets for multinational corporations wanting to reap the benefits.

Within these cities, startup ecosystems are bustling with many innovative companies. Each enterprise is fueled by a commitment to pioneering cutting-edge solutions and disruptive technologies.

Scalability

One of the standout features of offshoring to India is the ease with which operations can be scaled according to your company's evolving needs. 

Whether you're experiencing rapid growth and need to expand your offshore software development quickly or looking to streamline and optimise your operations, India's abundant talent pool offers the agility and flexibility to handle changing scenarios.

Bangalore: The Silicon Valley of Asia

Bangalore is the crown jewel in India's innovation landscape, gaining the name “The Silicon Valley of Asia”. For any organisation looking to offshore software development, IT, or research operations, Bangalore provides top-notch facilities, connectivity, and availability of skilled workforce.

Home to some of India's most prestigious educational institutions, the city produces a constant stream of skilled IT, engineering, and research professionals. This talent is ready and waiting to fuel your business's growth and innovation.

What sets Bangalore apart from other tech hubs? Here are some of the key reasons:

• world-class infrastructure

• an abundant pool of highly skilled professionals

• thriving tech ecosystem

• rich culture diversity

• vibrant startup culture

• access to venture capital and funding

Source: https://uberant.com/article/1949703-why-you-should-consider-offshoring-to-india/