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And in the face of growing challenges from countries like China and Philippines, it is important for India to play at a level where these challengers cannot reach. This move is specifically important since Indian companies have been losing clients regularly, mostly on the basis of cost.
Advantages for Indian Companies:
?« Lower overall cost structure - both in billable labor overhead, relative to
US/European MNCs.
?« Focus on quality boosts credibility. The Tier 1 vendors all possess or are close to
possessing certification for all of the major industry benchmarks/rankings ?V
SEICMM level 4-5, ISO900X certifications, and Six-Sigma initiatives...
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