Top Industry Associations Form Alliance to Organize Indian Outsourcing Market

Posted on Mar 22, 2010 05:30:08 PM

The Confederation of Indian Industries (CII) has joined hands with the International Association of Outsourcing Professionals (IAOP) to promote the outsourcing industry in India. As per the agreement, the new Indian chapter of IAOP will soon commence operations to leverage a high growth rate in the sector.

Dr. Ganesh Natrajan, Chairman, CII National Committee on IT, ITeS & eCommerce said, “This is an exciting opportunity for global best practices in outsourcing to be brought to the entire services sector in India. There is a $3 trillion opportunity in services outsourcing and we hope to see at least $500 billion dollars of this happening in India in the next 10 years.”

The joint association is planning out to conduct seminars, workshops and certification programs for professionals working in the Indian outsourcing industry. These programs will focus mainly on promoting outsourcing services and incorporating best management practices. Thus, certified professionals will be better equipped for business development, operational capabilities and leadership.

It is expected that the CII and IAOP agreement will fortify India’s position as one of the major outsourcing destinations. “This strategic alliance will bring added insights and better outsourcing outcomes to these companies and enhance our global thought leadership and network to the benefit of the industry,” said Michael Corbett, Chairman, IAOP.