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Sunday, 9 October 2011

How to Create a Business Process Outsourcing Company in India?








India is a major location for outsourcing by major American and European companies. The Indian government has made the method transparent and flexible to make it feasible for the multinational countries to outsource their businesses in India. One time you register with the National Association of Application and Services Companies (NASSCOM), you can form a powerful business development team.

Pick your specific area of operation and prepare a complete plan of location, costs, revenue and expenses.

Enroll with NASSCOM at their net site (see Resources). Submit membership application form, submit the documents according to the checklist, and attach essential remittances.


Make a list of companies to whom you will apply and then submit your resume to them. Apply online to the companies with whom you would like to start a BPO. Some companies will let you contact them directly and present your profile. The more companies you approach, the less competition you will face.


Stay in contact with the companies you have applied for. They can take a long time to reply, but it is important for you to keep track of the status of your application.


Forge a nondisclosure agreement (NDA) before producing details. If you are dealing with confidential knowledge, information or messages, security is also important. You must make positive that your company's secrecy will be maintained.


Pay attention to every detail, and always present yourself as different--and better--than your competitors.


Get familiar with the laws and clauses both parties must follow.


Before going ahead to sign the final deal, it is important to have a draft agreement prepared with the help of the law firm and cleared everything beforehand. Now you are prepared together with your own BPO in India.

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