Contract Research Organizations (CRO) is one of the fastest growing sectors in India. Earlier these organizations were hired for carrying on Research and Developments on behalf of companies in Pharmaceutical companies only.

Now at present scenario Indian companies are one of the choicest destinations for carrying out contracted research work. Deutsche Bank’s research team has created a report on possible outsourcing opportunities from India in Year 2002. If you like to take a reference on research work done by Deutsche Bank’s Research Team please visit “Mega Topic India” here.

This is another emerging opportunities for Chartered Accountants in India as it require extensive knowledge of preparing the analysis reports. Most of the Banks in west are now outsourcing there research work from India i.e. Selection of vendors, companies performance analysis, financial reports, Future projections and many more activities.

There are companies in Gurgaon as well as other part of India, who have hired 100’s of Chartered Accountants who are working on behalf of International Banks. This is surely a growing business sector where the requirement of qualified chartered accountants will be increasing day by day.

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