India liberalizes BPO sector guidelines
SUBSCRIBE
JOBS
Go Back
3 years ago 06:26:03am Television

India liberalizes BPO sector guidelines

New Delhi, 24-June-2021, By IBW Team

India liberalizes BPO sector guidelines

The Indian government on Wednesday announced liberalisation of guidelines for other service providers (OSPs) and said that the move would position India as a strong global destination for voice BPOs business process outsourcing).

The distinction between domestic and international OSPs has been removed.

A BPO centre with common telecom resources will now be able to serve customers located worldwide, including in India. The easing of guidelines would lead to cost-saving and better utilisation for BPO companies, PTI reported from New Delhi.

With removal of the distinction between domestic and international OSP centres, the interconnectivity between all types of OSP centres is now permitted.

“We have today extensively liberalised OSP guidelines… This revolutionary step will make India a global destination for BPOs,” Communications Minister Ravi Shankar Prasad told reporters yesterday.

According to an official statement out by the government, Prasad informed that India’s BPO industry is one of the largest in the world, worth US$ 37.6 billion (2019-20) approximately and giving job opportunities to millions of youths in the country.

Further, it has a potential for double digit growth reaching up to US$ 55.5 billion by 2025, the statement said.


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Our Events

  • img
    SatCab Symposium

    SatCab symposium organized by Aavishkar Media Group is an annual event. It's a well-informed event where we have a panel discussion on the current affairs and future forecasting on our industry.

  • img
    BCS
    Ratna Awards

    BCS Ratna Award organized by Aavishkar Media Group is an annual event. In this award function, a community of our industry is honored by receiving the award for the contribution of their work.

  • img
    Chetna Yatra

    Chetna Yatra organized by Aavishkar Media Group is an annual event. Held by Dr. AK Rastogi, Chairman of Aavishkar Media Group. Pilgrimage India in his car for connecting the people of our industry.

  • img
    Imaan India Sammaan

    Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

Youtube Videos