How to Build Your Offshore Team in India in 5 Easy Steps
India is currently at #63 worldwide in ease of doing business and this is improving consistently. India has emerged as the fastest growing major economy in the world and is expected to be one of the top three economic powers of the world over the next 10-15 years, backed by its strong democracy and partnerships. Numerous foreign companies are setting up their facilities in India on account of various government initiatives like Make in India and Digital India. But, for an outsider to setup an offshore team in India could be a daunting task if they don’t know how to go about setting up things. Below are pointers to consider when setting up an offshore team in India. Employing a Software Engineer or Full stack developer in London, Singapore, New York, Sydney or any other major cities comes at a heavy cost. Not to mention the escalating costs of Rent, maintenance, Infrastructure, perks, benefits and various local taxes. Due to these ever-increasing costs many businesses