RE:Inidan IT industry
by Bhaskar Srinivasan on Dec 10, 2007 09:58 PM Permalink
I would say that you are rather wrong. When the US economy goes down they will outsource more of the protected work to third world countries where they can get it done cheaper. Manufacturing industries will be the hardest hit as the foreign inflow to them will reduce in Rupee value. And then again - IT Coolies are skilled labourers so they will still be in the demand. ;-) cheers
RE:RE:Inidan IT industry
by bayareago on Dec 11, 2007 04:06 AM Permalink
Although I don't agree with Aparna, In the event US economy goes down, It won't really increase outsourcing work unlike in dot com bust era. The real reason is dollar depreciation and rupee appreciation.
