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As of 2012, around 2.8 million people work in outsourcing sector. [1] Annual revenues are around $11 billion, [1] around 1% of GDP. Around 2.5 million people graduate in India every year. Wages are rising by 10–15 percent as a result of skill shortage. [1] As of 2021, revenue of Indian BPO industry was estimated at US$ 38 billion. [2]
India, China and the Philippines are major powerhouses in the industry. In 2017, in India, the BPO industry generated US$30 billion in revenue according to the national industry association. [209] The BPO industry is a small segment of the total outsourcing industry in India. The BPO industry workforce in India is expected to shrink by 14% in 2021.
Analysts believe that India is an ideal country that has undergone tremendous market revolution through a diverse on-demand outsourcing. Information Technology today commands 43% of on-demand outsourcing while finance, communication and manufacturing industries have significantly embraced this form of outsourcing as significant in achieving ...
The women sort the fish and hang the most pungent species, Bombay duck, on bamboo trellises to dry. Much of the product gets shipped across India and to Bangladesh, Sri Lanka and Nepal. “Those people say there are no fisherfolk here,” says Jam, who is in his mid-50s and dresses in the loose-fitting clothing and knit skullcap of many Wagher men.
Today, the development of trading has open trade routes and markets across the globe. The increased methods of transportation allows living organisms to latch on to the shipping containers and travel to a new location where it can grow invasive without the checks and balances present in its natural environment. [ 23 ]
OpenAI, which counts India as its second biggest market with millions of users, is locked in an intense court battle triggered by domestic news agency ANI for alleged use of copyright content.
A call centre is an office with the capacity to field many telephone calls for a company. [1] Types of call centre work can include customer service and telemarketing. Factors that have made India attractive as a hub of call centre work from the English-speaking world include its convenient time zone, low labour costs, and large English-speaking popu
The rise of AI-generated images is eroding public trust in online information, a leading fact-checking group has warned. Full Fact said the increase in misleading images circulating online – and ...