India is the outsourcing king but with labor costs and turnover rates surging in the country companies are now moving towards other destinations. neoIT which is a management consultancy firm has compiled a list of countries where work could be outsourced based on criteria such as cost competitiveness, skill of workers and quality of local infrastructure. Given below is a list of cities which could be the next outsourcing hub.
Buenos Aires. Argentina
Bucharest, Romania
Dalian, China
Ho Chi Minh City, Vietnam
Mexico City
Moscow, Russia
Prague, Czech Republic
St. Petersburg, Russia
Santiago, Chile
Sao Paulo, Brazil
The list above is given in an alphabetical order and is not as per any ranking. It seems that companies might start moving away from Bangalore, India’s IT hub to the cities stated above due to cost factors and India may lose its outsourcing crown soon. Is India listening?
Via businessweek
