With President Bush being re-elected with a large popular vote margin, it is clear that Americans did not equate outsourcing with job loss, according to Indian business leaders, and the practice of offshoring will certainly continue.
From Forbes:
Early in his campaign, Democratic challenger John Kerry promised curbs on outsourcing - the practice among U.S. companies to move white-collar work to cheaper countries like India. American labor unions have blamed the practice for job losses in the United States.
But outsourcing "was never an issue with the general public, but something a small group blew up into a big thing," said Pawan Kumar, chairman of VMoksha Technologies in Bangalore, the south Indian city that has become the center of India's high-tech economy.
Read more: Outsourcing to Continue, Many Indians Say
--
Did you enjoy this post?
The comments to this entry are closed.
« U.S. Election Result Won't Affect Outsourcing | Main | Kerry Defeat Pleases Indian Outsourcing Firms »
Recent Comments