Czyrny sees India’s potential of tapping $100bn outsourcing business
India is one of the focus markets for US companies planning to outsource over US$100 billion worth of work in their relocation from China.
“About 20% of US companies have plans on outsourcing key divisions of their businesses to India,” said Steven Czyrny, Founder, The Analyst Agency, a Buffalo headquartered global research firm.
“With the key role of a skilled labor force, India is curating skilled business minds,” he pointed out.
The coronavirus pandemic has caused a change in global power dynamics, leaving India with opportunities that are ripe for the taking, observed the agency.
The Agency has observed the significant paradigm shift in the perception of international businesses towards India.
The current environment provides a huge opportunity for India to chart a new course towards being an international trade powerhouse thus creating unparalleled job opportunities for Indian youth.
Looking at this opportunity, the research firm is offering market research and business development expertise to these companies to research the right strategies that take advantage of investment opportunities in the US and Canada because of their healthy ties with them.
Since starting its services for companies in India, The Analyst Agency now is uniquely positioned to help those in India that want more business in the US, and vice-versa. The Analyst Agency caters to Off-site construction, Manufacturing, Financial Services, Business Management Consulting.
With a skilled labor force in financial outsourcing and technology, India is growing into having more skilled business minds and The Analyst Agency will work with them to help companies in North America expand to India and vice versa.
India has a population of about 138 crore. Out of which, about 75% or about 100+ crore are said to be in the working-age.
“With such a huge young and talented workforce ready, India has emerged as the favorite outsourcing destination for companies planning to shift their business processes outside which gives India a boost and a ray of hope for International companies planning to shift their operations from China to India,” said Czyrny.
India is an emerging market for several international brands and companies who are looking to set-up base operations in the country, and for those looking to expand into new markets.
“Companies looking for ways to make their organizations more efficient or gain new intelligence should take advantage of the marketplace at this time through these service offerings,” he said. #outsourcing #skill #telecommunications #IT #technologies #data /fiinews.com
