India is a promising market for many business sectors, and the financial industry has not become an exception. According to the World Bank, India is one of the reliable offshore development centers. Considering the fact that India takes over 46% of the global offshore industry, it is getting interesting why this country is attractive to businesses. Find more news on the GBC website.
The first thing first, it is the cost of the services, and the average price is around $110 000 and $130 000. Of course, it can be different depending on the client’s requirements. Compared to the European ODC cost of $25 – $50 per hour, the Indian developers’ work price is from $3 to $20. So the difference is significant. According to Webential analytics, the saving is about 70%, and India seems to be more profitable for placing offshores.
In addition, the experts notice the main benefits of ODC like high-security systems, professional teams, and much more.
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