India still most favoured IT, BPO hub: Survey

India remains the most favoured outsourcing destination, according to CyberMedia’s Global Services survey on Emerging Outsourcing Destinations in 2007.

Even as fears that the rupee appreciation and rising wage costs would blunt its edge, India still boasts of the largest number of cities (6) which figure among the top 50 emerging cities, followed by China (5), Brazil (3), the Philippines (3) and USA (3), among others.

The study identified Asia and East Europe as the favoured destinations for information technology (IT) and business process outsourcing (BPO), as 19 Asian and 12 East and Central European nations featured in the list of the top 5