With rising Re. India's cost advantage decreasing so need to inovate to increase productivity. This is good for India in long term though in short time we have some job losses. With inovation we can better compete with world. It is history repeating that Japan auto industry started working in US on cost advantage. As years passed they worked on Quality & today Toyota is biggest auto company in world.May be this is starting point for Indian IT & ITES companies to move from good to great. May be due compultion to servive make them look their current buisness model in new way. This will deinitely will help nurish the talented Indian youth.
