Using India for IT outsourcing
Overseas companies in Asia have made a name for themselves in recent years by supplying skills to US companies at substantially reduced rates. For countries such as India this has contributed tremendously to economic growth. India IT outsourcing has been a great area for Indian companies to specialize in. They have the technical know how and English proficiency to allow them to service US companies. Many fortune 500 companies have taken advantage of this to make significant savings to their bottom line.
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