India and United Kingdom emerge as top non-EU outsourcing destinations

European enterprises increasingly reorganised their operations between 2021 and 2023 by relocating business activities to partners abroad, a trend primarily driven by a desire to reduce costs and sharpen focus on core competencies, according to the latest Global Value Chains survey.

International sourcing, often referred to as outsourcing, involves the partial or full relocation of business activities by enterprises to affiliated or non-affiliated partners located abroad, said Eurostat...