HEy J, First of all, India in that given scenario would not only depend on Outsourcing, there can be other businesses.. we would be able to export our products (manufacturing or agricultural or whatever) at much higher rates. Everybody knows that its not only the low cost labour but also the quality the indian companies offer, that is making india a hot spot in IT and manufacturing? everybody knows its driven by demand and demand in India is so freaking high.. With high value of rupee NRIs like me would certainly return back to india for i would have no incentives leaving abroad and treated like a secondary citizen.