Released on = June 12, 2006, 3:19 am

Press Release Author = KPOAsia.com

Industry =

Press Release Summary = India has exponentially grown as the leader in outsourcing business.

Press Release Body = India has earned tremendous reputation as the most reliable
outsourcing partner. It has undoubtedly become the global leader for outsourcing
business. \"In the outsourcing business, India has emerged to be No 1. It is global
in terms of services in the United States and the United Kingdom\", says Kiran
Karnik, the president of Indian National Association of Software and Service
Companies (NASSCOM).

Indian outsourcing business has now graduated from service provider to (KPO)
knowledge based outsourcing in a very short span of time. The maturity of Indian
BPOs has given the birth to KPO. It is taking up lead in outsourcing business. KPO
involves high-end knowledge work, which requires qualified and experienced people to
handle such jobs. KPO business demands advanced analytical and skilled knowledge to
take up these projects. Services being outsourced to India are Research & Analysis,
Business & Market Research, Investment Analysis, Legal Research, Finance &
Accounting advisory services, Product & Brand Management, Medical Services and so
on.

India's ITES-BPO will soon be over-taken by emerging KPO (Knowledge Process
Outsourcing) as the biggest revenue generator", says Kiran Karnik. "The global KPO
business is expected to grow USD17 billion by year 2010 and India's share is
expected to be USD12-14 billion," he said further. Since India enjoys large pool of
English-speaking workforce talent comprises of lawyers, MBAs, CAs, Ph.D, global
knowledge process outsourcing business is all anticipated to be heading to India as
the first choice.

Government of India realizes the potential growth of Indian IT business and IT
policies are always on top agenda in Government of India's manifesto. All IT
policies are periodically reviewed with due consideration. India is among the first
few nations who enforced Cyber Law to curb cyber crimes. New reforms, tax benefits
etc are also helping Indian outsourcing business to flourish.

Please visit at http://www.kpoasia.com to have further information on KPO (knowledge
process outsourcing)




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