Response: 1. Big IT firms are looking towards other countries because of shortage of trained labour in India - not cost. They can easily adjust wages to compensate the rise in rupee. India will not lose business due to this. 2. Exactly, that is called inflation. And that is the reason why RBI does not want to intervene. 3. You won't be without a job, but your salary may be reduced. 4. Hmm, if you read the story properly, experts are saying this will be the biggest inflation reducing factor. 5. I work in the US too, the western world do not come to India for love of India. The want result for a price they can pay, period. They will always look for an alternative. Indian IT industry should compete by qaulity, not cost alone.
Man! your last comment took by breath away. This is the mentality that keeps us behind.
