{"id":219,"date":"2013-08-12T12:56:49","date_gmt":"2013-08-12T12:56:49","guid":{"rendered":"https:\/\/mdsonline.co.in\/blogs\/?p=219"},"modified":"2014-01-18T06:16:46","modified_gmt":"2014-01-18T06:16:46","slug":"indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham","status":"publish","type":"post","link":"https:\/\/mdsonline.co.in\/blogs\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\/","title":{"rendered":"India&#8217;s KPO Industry will Surpass $30 Billion within Next Two Years- Predicts ASSOCHAM"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"https:\/\/mdsonline.co.in\/blogs\/wp-content\/uploads\/2013\/08\/Indias-KPO-Industry-will-Surpass-30-Billion-within-Next-Two-Years-Predicts-ASSOCHAM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-220\" title=\"India's KPO Industry will Surpass $30 Billion within Next Two Years- Predicts ASSOCHAM\" src=\"https:\/\/mdsonline.co.in\/blogs\/wp-content\/uploads\/2013\/08\/Indias-KPO-Industry-will-Surpass-30-Billion-within-Next-Two-Years-Predicts-ASSOCHAM.png\" alt=\"\" width=\"200\" height=\"182\" \/><\/a><span style=\"color: #000000;\">Regardless of the slowdown, Knowledge Process Outsourcing (KPO) industry in India is flourishing at an impressive compound annual growth rate of almost 30% per annum. The overall market size of Indian KPO industry has touched over $20billion and currently, India caters to more than 70% of the global KPO industry.\u00a0 According to ASSOCHAM, if this growth momentum continues, the growth rate will soon cross $30 billion by the year 2015.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">ASSOCHAM has recently introduced a paper on \u2018Current scenario of Indian KPO Industry\u2019. According to the report, the ever rising demand for outsourcing services is likely to instill growth in the Indian KPO industry in fields of research for financial markets, legal work, capital, editing jobs and lots more.\u00a0 Some of the popular KPO services provided in India are- Financial research, Business research, Market research, equity research, Intellectual property research, financial research, legal research, medical research, research in pharmaceuticals, research in biotechnology, research reports, etc.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">India is considered as the best outsourcing destination as almost all kind of research activities can be easily outsourced to India. Moreover, India has large number of post graduates as well as PhDs \/ MBAs with proficiency in KPO. According to ASSOCHAM Secretary General, Mr. D S Rawat, the current domestic KPO market is experiencing tough competition from several countries such as Philippines, China, Russia, Hungary and Poland. These countries are emerging as strong rivals in KPO industry, in terms of qualified KPO professionals, domain proficiency, affordability, data compliance, sales skills, marketing capabilities and location advantages. ASSOCHAM further says that a huge team of highly skilled professionals in the field of medicine, engineering, management, accountancy, legal fraternity and company secretary will be required for serving the KPO industry. According to a rough estimation the number should be within the range of approximately over 6 to 8 lakhs against the existing number of 3.5 lakhs.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Mr. D S Rawat further added that it often gets difficult for KPO firms to find proficient and experienced workforce in India. Considering the fact there is no shortage of doctors, engineers, MBAs, and lawyers etc. in India, the KPO industry is now depending solely on the availability of this skilled workforce to fill up the its seats. But presently, these firms are facing the problem of supply crunch.<strong> <\/strong>If the KPO industry fails to continue with the momentum, it is probable that the other outsourcing destinations will become ever more preferable for the clients. This is no doubt a threat for the Indian KPO industry and should be treated as a challenge that should be immediately addressed. One of the best ways to solve this crisis is to tap the skilled professionals in smaller cities in India. The method of distributed work can also work wonders for KPO companies.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">KPO industry in India is growing by leaps and bounds and the wide array of services provided by KPOs have been increasingly expanding with the growth of KPO industry. ASSOCHAM\u2019s paper reveals that in the coming times, KPO will possibly be driven by factors such as domain expertise, marketing skills, business risk management, sales capabilities, location advantage, language capability and data compliance.<\/span><\/p>\n<p style=\"text-align: justify;\">Please visit <a href=\"https:\/\/www.elance.com\/s\/mirania\/\">mirania.elance.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<div  class=\"oss_horizontal_share oss_title_replace\" data-share-titles=\"India&#8217;s KPO Industry will Surpass $30 Billion within Next Two Years- Predicts ASSOCHAM\" data-share-description=\"Regardless of the slowdown, Knowledge Process Outsourcing (KPO) industry in India is flourishing at \" data-share-imageurl=\"https:\/\/mdsonline.co.in\/blogs\/wp-content\/uploads\/2013\/08\/Indias-KPO-Industry-will-Surpass-30-Billion-within-Next-Two-Years-Predicts-ASSOCHAM.png\"  data-share-url=\"https:\/\/mdsonline.co.in\/blogs\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\/\"><\/div>\n<p>Regardless of the slowdown, Knowledge Process Outsourcing (KPO) industry in India is flourishing at an impressive compound annual growth rate of almost 30% per annum. The overall market size of Indian KPO industry has touched over $20billion and currently, India caters to more than 70% of the global KPO industry.\u00a0 According to ASSOCHAM, if this<a href=\"https:\/\/mdsonline.co.in\/blogs\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\/\">&nbsp;&nbsp;[ Read More ]<\/a><\/p>\n","protected":false},"author":1,"featured_media":220,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[44,46,45],"class_list":["post-219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kpo-industry","tag-knowledge","tag-outsourcing","tag-process"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>India&#039;s KPO Industry will Surpass $30 Billion within Next Two Years- Predicts ASSOCHAM - MDSOnline Blogs<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mdsonline.co.in\/blogs\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India&#039;s KPO Industry will Surpass $30 Billion within Next Two Years- Predicts ASSOCHAM - MDSOnline Blogs\" \/>\n<meta property=\"og:description\" content=\"Regardless of the slowdown, Knowledge Process Outsourcing (KPO) industry in India is flourishing at an impressive compound annual growth rate of almost 30% per annum. The overall market size of Indian KPO industry has touched over $20billion and currently, India caters to more than 70% of the global KPO industry.\u00a0 According to ASSOCHAM, if this&nbsp;&nbsp;[ Read More ]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mdsonline.co.in\/blogs\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\/\" \/>\n<meta property=\"og:site_name\" content=\"MDSOnline Blogs\" \/>\n<meta property=\"article:published_time\" content=\"2013-08-12T12:56:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-01-18T06:16:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mdsonline.co.in\/blogs\/wp-content\/uploads\/2013\/08\/Indias-KPO-Industry-will-Surpass-30-Billion-within-Next-Two-Years-Predicts-ASSOCHAM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"200\" \/>\n\t<meta property=\"og:image:height\" content=\"182\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"mirania\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mirania\" \/>\n<meta name=\"twitter:site\" content=\"@mirania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mirania\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/mdsonline.co.in\\\/blogs\\\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/mdsonline.co.in\\\/blogs\\\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\\\/\"},\"author\":{\"name\":\"mirania\",\"@id\":\"https:\\\/\\\/mdsonline.co.in\\\/blogs\\\/#\\\/schema\\\/person\\\/d146e404bad020ad6c364ef2bf39bbb4\"},\"headline\":\"India&#8217;s KPO Industry will Surpass $30 Billion within Next Two Years- Predicts ASSOCHAM\",\"datePublished\":\"2013-08-12T12:56:49+00:00\",\"dateModified\":\"2014-01-18T06:16:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/mdsonline.co.in\\\/blogs\\\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\\\/\"},\"wordCount\":532,\"image\":{\"@id\":\"https:\\\/\\\/mdsonline.co.in\\\/blogs\\\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mdsonline.co.in\\\/blogs\\\/wp-content\\\/uploads\\\/2013\\\/08\\\/Indias-KPO-Industry-will-Surpass-30-Billion-within-Next-Two-Years-Predicts-ASSOCHAM.png\",\"keywords\":[\"Knowledge\",\"Outsourcing\",\"Process\"],\"articleSection\":[\"KPO Industry\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/mdsonline.co.in\\\/blogs\\\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\\\/\",\"url\":\"https:\\\/\\\/mdsonline.co.in\\\/blogs\\\/indias-kpo-industry-will-surpass-30-billion-within-next-two-years-predicts-assocham\\\/\",\"name\":\"India's KPO Industry will Surpass $30 Billion within Next Two Years- Predicts ASSOCHAM - 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