The outsourcing thing
John Kerry. Seems like a reasonable man to me. And he plans to do something that might make a lot of difference to the IT industry of India. What I gather from his Blog (when will we see an Atal Bihari Blog or a Sonia Gandhi Blog ) is that he plans to drastically reduce the advantages for companies to outsource. While it sounds like a complex procedure and maybe more damaging to the American economy but what if it happens? Indian IT industry is very much dependent upon American companies. InfoSys announced its result today and the main reason for the increasing turnover was more American clients. Call centers… you name the American company and I have seen or heard about its call center someone in my vicinity. Amazon, MSN, Dell, AT&T and what not. All of them have most of their customer support based in India. If all of that is stopped, dunno how many engineers and IT professionals will lose their job. What will happen to the bottom lines and turnovers of the mega corporations like InfoSys and Wipro!
Interesting situation that I would definitely like to see. What they generate from inside India will show what an IT superpower we actually are. And what happens to the American Companies who will have to hire MORE expensive American employees for the similar work which they got completed here for pittance. A totally funny scenario that we might witness this year end.
March 1st, 2006 at 04:06 pm
nice and good article on Outsourcing