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Topic : EXPORT-IMPORT POLICY
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Created by : Divya Vyas, entry level, icfai business school  | 05 07 2009 13:08:09 +0000
Functional Area : Recession(Personal Interests)
Activity:  238 views;  last activity : 07 06 2010 20:18:09 +0000
 
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Even before there was a debate on this like How will the New American Government affect the IT industry in India...as Obama in his election campaigns was saying that he will bring back the jobs to US from Bangalore...as most of the work was outsourced till date to India..so he told he will be retaining  the jobs in America as the Recession is at an all time high there ...And in case of India it still has to feel the heat of Recession..but then if Obama manages to do this..then there will be very less work coming from US and there is mostly disadvantage for them as again the cost would go up if they do that work in US and most of them willl oppose this stand of President Obama...but will surely affect the IT industry and one can see how much of projects and work that is coming to India.......I guess this is just a start, still he might impose something more that the outsourcing industry in India will be serioiusly affected...

 


By Jyoti Rath, Sr. Associate, Barclays  05 07 2009 13:55:53 +0000
 
Top Argument
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I do not think it will affect very much becoz cmpnies will continue to prefer india and china

due to cost advantage.


By Divya Vyas, entry level, icfai business school  05 07 2009 13:08:09 +0000
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95% of companies in Amercia is R&D....They develop the product and sell the rights to some other county for huge money and also they avail Royalty...As u said,,they are all good business people.. They are all already saturated,,dont hv to think about their daily needs..So,they always think ahead...If we ppl..???? no way,our poverty will not leave from this country...
By Shanmugasundaram , CEO/MD/Director, Safnnite Solutions India Pvt.Ltd  | 03 26 2010 16:30:39 +0000
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Americans  means business.If the american business heads and american companies think that it is profitable to out-source,then they will outsource!!!

Profitability will decision will drive the companies to outsource.Obama or No obama.Tax benefit or No tax Benefit.


By suchita Ambardekar, Director on Board, Vir Rubber Products Pvt Ltd, Vir auto enterprises Pvt Ltd  | 05 07 2009 14:44:08 +0000
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No cheap labour , cheap workforce will be easily done in india only ,so usa cannot avoid india at any cost.


By N.VIJAYAKUMAR , former store management ,system management , GAMMON INDIA LTD  | 12 27 2009 15:37:25 +0000
India's leading Biotech firm.
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