Indian outsourcing Industry

VARINDIA
Published on: Jun 29, 2023
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India is the outsourcing hub in the globe. It is the world's largest provider of outsourced services, with a market share of over 50%. It is quite visible that, there has been huge reduction of tech jobs that were cut globally to move to India by 2024-25.

India's outsourcing industry is worth over $150 billion, and it employs over 4 million people. The current trend shows that there will be 30-40% of the more than 300,000 technology jobs lost to layoffs globally, resulted the outsourcing work could love to the outsourcing hubs like India in the coming months.

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Indian outsourcing Industry

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