when rupee starts to hurt
Thursday, July 12th, 2007Growing is not always healthy for everyone . 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 .
It will be intersting to see how other companies come up with .Somehow the concept of indians being the cheap labour is on my mind ,the day when we become costly enough to hire ,would the big american companies still hire us ? or go looking for another developing country and its cheap labour .After all every country has to have its turn . :-)
[tags]infosys,outsourcing[/tags]
Iam Theyagarajan S ( 'taggy') . to know more ,head out to
