what happens to the outsourcing
Posted on 13th June 2007 by TaggyI have been having this question for sometime now with rupee gaining more and more with respect to dollar .
India has been seen as a big hand in IT primarily due to the Infosys ,TCS and CTS and also to the big American companies who have opened up here .One of the main reason behind this being that India is a developing country and hence the cost of human labour or infrastructure .What happens now if rupee gains much more strength against the dollar ?
What reasons will the american companies find to hire more talent here ? and bear the rising cost ? .As most of our IT is about outsourcing iam sure they would be affected too ,their services would become costlier .And as such we don’t have may product companies that can run on .
How do you see this happening ? will our jobs go down and go probably to another developing countries ?
Technorati Tags: india, outsourcing, dollar
posted on July 12th 2007[...] . Infosys for the first time today reduced its profit and revenue outlook for a year . As i was talking earlier about how outsourcing is being hit by rising rupee [...]
