Madaan & Co.
Attorneys at law & Advocates   lawfirm

OUTSOURCING TO INDIA

Why Outsource to India?, Companies Outsourcing to India , Outsourcing Software, Legal Outsourcing India, Outsourcing Destination India, Outsourcing Jobs, Outsourcing Consultant, Outsourcing India, Paralegal Outsourcing, Outsourcing Work, Outsourcing Businesses, Sample Outsourcing Contract

Madaan & Co.
Attorneys at law
E-mail:  click here
WWW.MADAAN.COM
HOME SERVICES NEWSLETTER CONTACT US
Doing Business with India Investing in India Sector wise Guide Outsourcing to India NRI & PIO  Trademarks in India Incorporating company in USA
Incorporating company in India Joint Ventures in India Legal Outsourcing Real Estate in India Patents in India  Arbitration in USA
Corporate Compliance in India International Joint Ventures Outsourcing Agreements  Corporate Compliance in India Arbitration in India International Commercial Arbitration
 

Outsourcing to India

WHY OUTSOURCE TO INDIA
DRAFTING OUTSOURCING AGREEMENTS
SETTING UP OUTSOURCING IN INDIA

 ........ 

WHY OUTSOURCE TO INDIA

Outsource to India has become very popular destination for outsourcing because of quality, technological agility, flexibility, cost control, time-to-market and competitive advantage.

1. India is a talent-rich country

2. India exports software to 95 countries around the world

3. India enjoys the confidence of global corporations

  • 82% of the US companies ranked India as their first choice for software outsourcing

  • Bill Clinton applauds India's brainpower: says Indian-Americans run more than 750 companies in America's Silicon Valley. "You liberated your markets and now you have one of the 10 fastest growing economies in the world," said President Clinton.

  • Bill Gates says India is an IT superpower: strikes strategic alliances with Wipro and Infosys to develop applications on the .Net platform

  • Jack Welch opens $130 million Technology Center in Bangalore, GE's largest R&D center outside the US: celebrates 10 years of GE Medical Systems in India

4. India Offers Multiple Advantages

  • Outsource to stay competitive. Leading companies worldwide realize that to maintain stay ahead, they need to reduce costs, provide the best quality, use the latest high-tech skills, and be reliable and innovative

  • Outsource to a mature industry with world-class systems, systems and quality

  • Of the 23 software companies in the world that have achieved the prestigious SEI-CMM Level 5, 15 of them are Indian. India will soon have the highest number of ISO-9000 software companies in the world, according to Nasscom.

5. India has state-of-the-art technologies for total solutions: outsource turnkey projects

Offshore assignments have moved up the value chain - from data entry to large and complex turnkey projects of 200 to 300 person years.

Applications include:

  • E-Commerce

  • Business Process Re-engineering

  • System Migration

  • Maintaining Legacy Systems

  • System Integration

  • CBI Applicant

6. IT is a major thrust area for the Government of India

  • IT is one of the Government of India's top five priorities.

  • The National IT Task Force submitted its 108 point Action Plan to promote IT in the country. The Government of India has approved the plan and is in the process of implementing it.

  • A separate Ministry of Information Technology was set up to expedite swift approval and implementation of IT projects and to streamline the regulatory process.

  • Information Technology Act 2000: The Information Technology Bill that was passed in the Indian Parliament in May 2000, has now been notified as the IT Act 2000. The IT Bill brings E-commerce within the purview of law and accords stringent punishments to "cyber criminals". With this, India joins a select band of 12 nations that have cyber laws.

Software Technology Parks of India offer world-class infrastructure and various incentives and concessions to encourage foreign investment and promote software development in India e.g., 100% Foreign equity is permitted and approved under the Automatic Route delegated powers to The Director STPI, tax holiday until 2010, etc.

7. India has a stable government and is one of the world's 10 fastest-growing economies

  • Fifty years of democracy

  • Indian service sector contributes a massive 51 per cent to India's GDP. Within this category, the most promising is computer software export, which grew at an amazing rate of 40-50 per cent every year during the 1990s.

  • Excellent investment potential: India ranked third in Asia, just after Japan and China, in terms of investment potential for the next 10-year period in a study by the Export-Import bank of Japan.

  • Privatization of the infrastructure sector

  • A convergent network is being created by the intertwining of the ISP, Telecom, VSAT, Cellular and networking sectors. India's large business houses and Public Sector Units are working towards creating greater bandwidth availability.

inmhorsd.gif (940 bytes)

 

How to Draft an Outsourcing Agreement, BPO Agreement, KPO Agreement?

A good outsourcing agreement is one which provides a comprehensive road map of the duties and obligations of both the parties - outsourcer and service provider. It minimizes complications when a dispute arise. However, many a times people neglect to pay attention while drafting an outsourcing agreement.

A  properly drafted Outsourcing Agreement saves a lot of problems later on. Lawyers who understanding the work culture and legal environment of both the jurisdictions should be involved in drafting Outsourcing Agreements.
_____****_____

Before finalizing an outsourcing agreement, the terms should be thoroughly discussed and negotiated to avoid any misunderstanding at a later stage. Lawyers from all applicable jurisdictions must be consulted before finalizing any outsourcing agreement.

Before signing an Outsourcing Agreement the following must be properly addressed:

  • Duties and obligations of Outsourcer

  • Duties and obligations of service provider

  • Applicable law to outsourcing agreement

  • Term of the Agreement

  • Events of Defaults and Addressing

  • Dispute Resolution Mechanism them

  • Time limits

  • Location of Arbitration

  • Number of Arbitrators

  • Interim measures/Provisional Remedies

  • Privacy Agreement

  • Non-compete Agreement

  • Confidentiality Agreement

  • Rules Applicable

  • Appeal & Enforcement

  • Be aware of local peculiarities

  • Survival after Termination of the main agreement.

Every outsourcing agreement should be modified as applicable under different circumstances. One brush should not paint all the painting. For more information on how to Draft Outsourcing Agreements click here

inmhorsd.gif (940 bytes)

 

Setting up Outsourcing Operations

We have helped USA companies in setting up their outsourcing operations and drafting and negotiating their outsourcing agreements. We have also helped US law firms in handling their contracts and agreements.
Click here to Contact us

inmhorsd.gif (940 bytes)

 

How to Draft Outsourcing Agreements
How to Draft International Joint Venture Agreements
Legal Outsourcing
Outsourcing Consultants
Outsourcing to India
Outsourcing Successfully
CONTACT US

 

 


Home Page | Our Services  |  Newsletter | Contact us  

Legal Outsourcing | Outsourcing Agreements | Outsourcing to India | Joint Venture Agreements

Doing Business with India | Incorporating company in India | Procedure for Formation of Company in India | Patents in India | Trademarks in IndiaTax Rates in India | Joint Ventures in India | FDI in India Sector wise Guide | India Business | Arbitration in India | Process Serving in India  | Cyber Laws of India | Corporate Compliance in India | Corporate Affirmative Action Program in India  |  Investing in Real Estate in India  | NRI & PIO | India USA Business

Incorporating in USA | Doing Business in USA | Arbitration in USA
 International Commercial Arbitration  | UNCITRAL Model Law on International Arbitration | International Joint Ventures

inmhorsd.gif (940 bytes)