India is the world’s largest BPM destination
Digital Innovation Hub India is emerging as thehub for “Digital Skills”. The country spends $ 1.6b annually on training work force in the sector.The industry is the largest employer within the private sector, employing 3.9 mn people. India is transforming into a digital economy with over 450 mn plus interet subscribers; only second to China. Indian IT industry has more than 17,000 firms, of which over 1,000 are large fims with over 50 delivery locations in India. The country's cost competitiveness in providing IT services, which is approximately 3-4 times more cost-effective than the US, continues to be its unique selling proposition n the global sourcing market.
A public-private partnership (PPP) is a project delivery model whereby private entities undertake large-scale engineering and construction projects, often on works with defined objectives and criteria under the supervision of a government agency for mutual benefit.
BOOT (build, own, operate, transfer) is a project that transfers the risk and responsibility for the design, construction and operation of a large public infrastructure to private developers.