I think firstly if the rupee appreciates any futher, the jobs are coming back to the US. Even today, running a business in places outside Silicon Valley (eg RTP) is cheaper than setting up business in B'lore.
The top 100 companies in Silicon Valley (100 square mile radius) have a market cap of more than 1.5 trillion dollars. Its good India reached the 1 trillion dollar mark, but no need to day dream. India needs to improve productivity, reduce corruption and fix its infrastructure before it can think about making the rupee appreciate any further. Thanks Jay
