Crusing US? You must be kidding! Per capita income of India is just a small fraction of US and other developed countries. We still have people living on our streets and dying of starvation. Long way to go before catching up with medium income countries like Malaysia, China etc.!
With any sort of development, we are not going to crush anyone by becomeing outsourcing masters. America is super power because they are the most innovative people around. We still are doing coolie works.