: Kelly Services India today announced the release of its first "Knowledge Process Outsourcing" (KPO) white paper focusing on India. The 2006 KPO white paper provides insight into current trends and explosive growth in the KPO industry and what will it take for India to become a KPO hub as it has been for the BPOs. According to finding in the KPO white paper "India is by far the most attractive KPO destination, thanks to its competitive salaries (<40% of USA); proficiency in English (70+ million people); large and competent pool of quality professionals (nearly 3 million new graduates every year). " 

Based on the study by the independent research company, Asset Management, in collaboration with Kelly Services, the global provider of staffing services and solutions, Kelly Services said "India is expected to achieve a very high growth rate in all the technically advanced segments of the KPO Industry with Data and Market Research along with R&D in Medical/Pharma constituting 50+% of KPO business in India.   KPOs in India have the capability to compete on equal footing with the best in the world on Process and Technology." 

The KPO white paper 2006 shows that the outsourcing business, which started with BPO, is now propelling the outsourcing of Knowledge Process work also. The move up the outsourcing value chain to KPO is actually complementary to the BPO business and not contradictory where BPO is process based and KPO is the next step in the business (knowledge based). 

Based on the findings of the latest Kelly Services KPO white paper 2006, KPO can provide companies with cost-savings and increased candidate quality. 

Some of the key findings of the Kelly Services KPO study include: 

1.  Improved communication modes at lower costs and attitude towards globalization is leading to outsourcing.  

2.  Global KPO is one of the highest growing business in the coming decade with an estimated 45% +growth per annum.   

3. Various Industry domains use KPO to improve productivity. New segments are emerging as companies outsource to focus on core activities.  India is expected to achieve a very high growth rate in all the technically      advanced segments of the KPO Industry with Data and Market Research along with R&D in Medical/Pharma constituting 50+% of KPO business in India.    

4. In the Indian context, KPO salaries can be 25-50% higher than those offered to the same domain experts (Engineer, Doctor, CA, Lawyer, Architects, Biotechnologists, Statisticians, MBA's, Economists etc.) in conventional job. 

5. India has the world's second largest reservoir of Engineers, Scientists and Managers plus the largest pool of IT Manpower with nearly 50+%, fairly proficient in English. It is therefore not surprising that most estimates project that India will corner two third size of the Global KPO business - an impressive $ 12 billion in next 5 years employing over a quarter million people.  

6.  With 3 million graduates per year India has a distinct advantage over China as over 6 times more people go to university in India compared to China.  

7. KPO industry is estimated to generate 250,000 jobs in 5 years.  

8. The KPO segment requires much higher technical / domain skill and business expertise, where India is expected to out perform virtually all countries for many years and hence will have a business edge for a long time.  

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