Study: India top offshore outsourcing destination
New York - India, China, and Malaysia are the top-ranked offshoring destinations. According to the 2014 Global Services Location Index (GSLI) from A.T. Kearney, India, China, and Malaysia remain the top three offshoring destinations, and Asia continues to dominate, with six of its countries among the top 10.
Rounding out the top 10 offshore outsourcing destinations are Mexico, Indonesia, Philippines, Brazil, Bulgaria and Egypt. Central Europe offers mature industry and highly skilled players at around 50% of the cost of Western Europe, and that cost advantage increases in Southeast Europe. However, the Middle East and North Africa benefit from their proximity to Europe and a large pool of talent. Meanwhile, North America continues to offer attractive opportunities outside of its tier 1 metropolitan areas.
Other findings from A.T. Kearney include:
• Bangladesh enters the GSLI ranking for the first time, at number 26.
• Despite expectations regarding second-ranked China, India maintains, and even increases, its lead against China.
• Automation, using robots to perform for even less than low-cost labor, is becoming increasingly accessible.