How The BPO Industry Putting An Impact On Indian Economy
25th Apr 2020
In India, the BPO or more precisely, the software industry has boosted the Indian economy largely. This sector is creating jobs for millions of people worldwide. As per the latest data, the BPO sector provides direct employment to about 2 million people and has created indirect employment opportunities to 8 million people. A reputed BPO service provider in India has a huge impact on the economic growth of the company. Keeping in mind all these facts, this blog will tell you how the ITES or BPO providers are helping to boost up the Indian economy.
The BPO companies are narrowing down the Geographical barriers. It is seen that through the BPO sector, the social stature of India has improved to a greater extent. The domestic call centers have put the name of India on top of the global Map. This sector has largely contributed to the nation’s growth and it is transforming within a short time. This sector is just 30 years old and has been the major driving force to a large section of employment. Met Technologies is one such reputed BPO service provider in India that has employed a large section of people throughout the country.
Growth in the Indian Economy
The call centers in India have made a sustainable and long-lasting impact on the overall growth of the economy of the country within the last 10 years. This sector has empowered diverse human resources. As per the study conducted by the NASSCOM, this sector is still in the nascent stage. It is constantly looking for ways of improvement.
Higher Employment Opportunities
As the ITES or BPO sector is booming, more and more employment opportunities are coming in front. This is reducing the problem of unemployment in India to a greater extent. Even the person who has just completed the college life can join in the BPO sector and earn money.
Major Outsourcing Location
BPO sector has positioned itself as the major outsourcing location that is selling the high quality and affordable services to the clients. The call centers are not regarded as the unsophisticated back-end process anymore. The BPO service provider as like Met Technologies provides services that include software development, processing, application development, and technical support services and data entry.
Why India Is a Booming Market for BPO
India is considered as the booming market for ITES or BPO sector. Here are some of the reasons why India is referred to as the leading BPO destination-
- High Quality of Services– The quality of services offered by the Indian BPO companies is never compromised. The targets are reached timely. The functions are monitored timely. The latest technologies and applications are used.
- Highly Skilled Manpower– the Indian BPO companies have a huge team of skilled employees who have traits of courtesy and empathy. The team is passionate and dedicated to performing the best tasks.
- Cost-Effectiveness- The Indian BPOs work on the one-third price of the company will spend on setting the entire set-up invoice.
Hence, it is proved that the BPO sector is booming and is giving huge employment opportunities to people globally. Met Technologies is one of the leading BPO companies that provide services like Telecom, financial services, and customer support.