What are some of the problems of offshoring Finance and Accounting work to India?
Though India is a dominating force in the BPO market, recent survey (http://money.cnn.com/2005/08/23/news/international/india_outsourcing/index.htm) shows rising labor cost and poor physical infrastructure are some of the problems faced by the BPO firms in India. However still 70-80% BPO work goes to India and the rest of it goes to countries like Philippians, Russia, China, etc.