Fifty percentage of India's gross domestic product linked to services such as Offshore Software Outsourcing, retail and banking, developed countries are keen to tap the now limited sectors. By taking advantage of this India is pushing its comparative advantage in offering low-cost services by making concessions on agriculture to get more access for its technical workers abroad.
In the last WTO round of talks held in Qatar in 2001 have floundered, with developing countries including India arguing that government support to European and US farmers artificially depresses prices, effectively forcing their produce out of export markets. Almost two-thirds of India's workforce is linked to agriculture. “Politically, it's not so easy to push for a deal on services unless there is a breakthrough on agriculture though most people would agree that India would benefit from opening the services sector in field like Offshore Software Outsourcing Development.”
As far as concerned to competition for Indian Software Outsourcing Industry the China is next to it by offering the same services. Chinese software Outsourcing companies are looking to speed up their development in a bid to grab a larger slice of the global IT market and to fend off threats from their Indian counterparts.
In whatever way, jobs will move out at a higher pace than what we think. According to consultancy firm Research, 3.4 million US service-sector jobs are expected to have moved overseas by 2015. Observers say one-ninth of the world's service jobs could be done from any location. So it would be great opportunity for country like India to provide their services world-wide. India has repeatedly urged Western nations to make a commitment not to enact legislation that prohibits the off shoring of call centers and Software Outsourcing Development.
The classic reasons for Offshore Software Outsourcing is to provide services like reduced costs, improve quality, save management time and to effect transformations. Because a customer wants these, India provides these kinds of services better than anybody in world.