India is known as the hub of IT and BPO industry.It contributes 7% of national GDP.But after Barack Obama has been selected as the president of USA he gave a stimulus package of $787 billion to improve the economic condition of the country after recession .Along with the package he introduce some policy which create some difficulty for the company to hier foreigner on temporary work permit .The policy had also make some restrction regarding the outsourcing of jobs.
That was the reason to worry for the indian BPO firm .But now thry see lucrative opportunity emerges because of falling real estate price(upto 30%-40%)and labour cost(unemployment upto 10%) in USA.So they are planning to establish operating units in US which gives them the better exposure to the country.
Advantages
->low cost location
->hire local people
->business model change from off-shore to on-shore
->diverse workforce
->help in getting contract
->halp in getting more challenging job
->more opportunity
->scope to know the socio-economic condition and make decision accordingly
->increase profitability ,productivity
->better customer relationship
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