India is benefiting from liberalisation and integration of world markets. Comment on this statement in the light of outsourcing services.
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The growth of India's population is a big factor in making it a source of "outsourcing". India has invested heavily in technical education and can provide a ready supply of bright people at relatively low cost, owing to government's inability to provide employment to them. Being located on the other side of the developed world gives the advantage of time difference to India and some companies find it a definite advantage.
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