The Evolution of Offshore Outsourcing in India

Author:

Agrawal Soni1,Goswami Kishor2,Chatterjee Bani3

Affiliation:

1. Soni Agrawal is Research Scholar at Department of Humanities & Social Sciences, Indian Institute of Technology Kharagpur, West Bengal.,

2. Kishor Goswami is Assistant Professor of Economics at Department of Humanities & Social Sciences, Indian Institute of Technology Kharagpur, West Bengal.

3. Bani Chatterjee is Professor of Economics at Department of Humanities & Social Sciences, Indian Institute of Technology Kharagpur, West Bengal.

Abstract

Outsourcing is an age-old practice whereas offshore outsourcing is relatively new. Issues related to offshore outsourcing came into centre stage along with the process of globalization. Offshore outsourcing of services is the result of economic and technological developments across countries. This became popular in India after the economic liberalization process. The present article makes an attempt to lay an integrative ground work for understanding outsourcing, including its evolution, theoretical developments and future trends. The article presents a comprehensive framework of critical dimensions of outsourcing as well as offshore outsourcing in India along with the comparative advantages and disadvantages of offshore outsourcing in today‘s time.

Publisher

SAGE Publications

Subject

Business and International Management

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