Finance and accounting outsourcing is rising in countries such as China, Sri Lanka, U.K and India. The capital of India, Delhi is emerging as an attractive alternative since it offers skilled workforce among all the major offshore destinations. Already a number of countries are operating out of Mumbai with a number of top names such as Citibank, Morgan Stanley, JP Morgan and WNS.
India is gaining ground due to a number of factors such as scalable talent pool, labor cost arbitrage, cultural compatibility, F & A process capabilities along with financial centers proximity.
After software outsourcing this is one area which is expected to bring lot of revenues for the country and also bring employment for the number of unemployed in the country. India certainly stands to gain from this area.
Via economictimes
