February 17, 2004

Outsourcing to add 22 mn US jobs - The Economic Times

Outsourcing to add 22 mn US jobs - The Economic Times: "for every dollar invested in the offshore space, $0.58 was directly saved. This could be either redistributed to investors or customers. But she added that there were indirect benefits to the US, in terms of the import of US goods and services into India by Indian service providers, and so there was some transfer of profit back to the parent in the US.

Comment: " Interesting point of view. Since it'S from India, this is part of their lobby to get over the fear they are causing. All in all, they will eventually be considered part of the process of developing a product, because it makes economic sense plain in and simple.

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