Why is Outsourcing Software Development to India better than Outsourcing to NearShore?

In tracing back India’s journey of becoming a global outsourcing powerhouse, one cannot undermine the role of government policies in ensuring a conducive environment of growth and innovation for the IT sector. The liberalization of the Indian economy in 1991 and the introduction of the IT Action Plan at the turn of the millennium proved to be a significant catalyst in India’s meteoric rise within a short period.