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by
gurpreetsingh
gurpreetsingh
Education of India
Adult literacy rate in India is 71.2%. Male literacy is 81.3%. Female literacy is 60.6%. Therefore, male literacy and female literacy differ by 20.7%. Government expenditure on education is 3.1% of GDP. The education index of India is 0.473 - formal education levels are low and are mostly limited to primary and secondary school levels at best; higher education is possible, but not very widespread. People in India speak the Hindi, and English languages.
https://www.confiduss.com/en/jurisdictions/india/demographics/education/
Adult literacy rate in India is 71.2%. Male literacy is 81.3%. Female literacy is 60.6%. Therefore, male literacy and female literacy differ by 20.7%. Government expenditure on education is 3.1% of GDP. The education index of India is 0.473 - formal education levels are low and are mostly limited to primary and secondary school levels at best; higher education is possible, but not very widespread. People in India speak the Hindi, and English languages.
https://www.confiduss.com/en/jurisdictions/india/demographics/education/
Generally, the main benefit for moving the software development abroad is lower costs in comparison to the home-country. For example, the cost of developing exactly the same software is 50% less in India if compared to the US. The savings generally come from lower labour costs, but moving the IT and software production abroad can also broaden company’s access to a wider pool of labour with higher skills and expertise. This might explain why 50% of American Fortune 500 businesses are using offshore IT and software development. Let us look at some of the jurisdictions where opening a software development business might be more beneficial in comparison to others and discuss the reasons why.
https://www.confiduss.com/en/info/blog/article/top-it-company-jurisdictions/