Offshore services refer to business operations that are conducted outside a company's home country, often in locations with lower labor costs or favorable regulations. These services can include IT support, customer service, accounting, and manufacturing. Companies often choose offshore services to reduce expenses and increase efficiency. Many businesses utilize offshore services to access a global talent pool and enhance their competitiveness. By outsourcing certain functions to countries like India or the Philippines, companies can focus on their core activities while benefiting from specialized skills and resources available in these regions.