However protectionist one can turn out, outsourcing will prevail. Not because India is leading it, but because that is how the world trade has prospered over the centuries. Countries usually buy goods from places where it is cheaper. That’s what outsourcing is. Here the good is a service.
India is the outsourcing hub or the back office for the world. China and Vietnam are fast catching up. To displace India from its outsourcing lead, it does not take a China and Vietnam to do it. As per the experts it takes a whole lot of small countries to do it.
Of course, most of the emerged outsourcing destinations are in India. Bangalore, Chennai, Delhi, Dublin, Hyderabad, Makati City, Mumbai and Pune are the cities which have established themselves as the outsourcing destinations.
These are the emerging outsourcing destinations. These might not be Bangalore’s yet but has the ability to close down the gap in few years.
20 emerging outsourcing destinations :
- Cebu City, Philippines
- Shanghai, China
- Beijing, China
- Ho Chi Minh City, Vietnam
- Krakow, Poland
- Kolkata, India
- Cairo, Egypt
- Sao Paulo, Brazil,
- Buenos Aires, Argentina
- Shenzen, China
- Hanoi, Vietnam
- Chandigarh, India
- Curituba, Brazil
- Prague, Czech Republic
- Pasig City, Philippines
- Dalian, China
- Coimbatore, India
- Santiago, Chile
- Colombo, Sri Lanka
- Johannesburg, South Africa
Kolkata, Chandigarh and Coimbatore are India’s next Bangalore’s. But cities from China, Vietnam and Philippines are fast closing in. Surprise pack here is Vietnam. It is already dubbed as the next China. May be a little way to go, but India has some serious challenges in the outsourcing space. Not from a single country but a host of small countries. (source)
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