Boston Consulting Group On India's Ascent On The Global Market
India is no longer simply the world’s “back office,” and has moved beyond its perceived role as provider of data processors and call-center workers. A study of the Boston Consulting Group and Knowledge@Wharton examines India’s rapid economic rise and its impact on the global market to show that India is an emerging presence in the manufacturing market and increasingly outsources high-end knowledge-based skills. Further ascent on the global market, however, is currently hampered by poor infrastructure, power failures and other challenges. Foreign investment could help address these problems and subsequently boost the Indian economy.
