| Gone are the days when India used to be viewed | | | | transcription etc. The trend led to volumes of job |
| only as a major outsourcing destination for major | | | | loss in US and Europe and invoked a major |
| American and European companies, who were | | | | backlash against India. |
| looking for cost and workforce optimization | | | | That was then. India has become more than a |
| strategies to boost their operational expenses. | | | | low cost location for services outsourcing. No |
| India is now no longer viewed as a âbe all | | | | longer is India perceived as a country full of |
| and end allâ, preferred back office | | | | technology professionals, willing to work for a |
| destination. | | | | fraction of his overseas counterpart. India is a hub |
| The entire 2000s had Fortune 500 corporations | | | | of major technology research and development. |
| setting up shops here and outsourcing large | | | | It is now a preferred destination of high end |
| volumes of work such as customer service, | | | | computing research. |
| technical support, accounting, payroll, medical | | | | |