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Created by : Niranjan Padmanabhan, Asst. Manager/Manager -(NonTechnical), IBM-Daksh  | 11 05 2008 12:13:41 +0000
Industry : ITES / BPO / Customer ServiceFunctional Area : Outsourcing(Operations)
Activity:  641 views;  last activity : 07 06 2010 20:18:09 +0000

As everybody here dwelve into thinking how big an impact the US economic meltdown will have on the booming outsourcing business, we wonder where India would figure in the list of priorities for the new President?

 
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No there will be no as such a greater impact as my friend has said there, it will be difficult times for some time ahead but then they have to resort back to outsourcing because you are getting the things done for less capital expenditure, and we are working 24/7 for them, so i don't think there will be a greater impact.




By Paras Gupta, Asst. Manager/Manager -(NonTechnical), Genpact  11 05 2008 12:14:56 +0000
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The statements during election can't be taken seriously, I agree on this but it will give an probable indications on the future course of events. Moreover, with recession looming large over the US economy and the resulting rise in unemployment, there is a possibility that US President-elect Barrack Obama reverse the offshoring trend in the US. In fact Obama's tech paper also says that he will invest in human capital to ensure that Americans young people have the skills to fill the growing number of information technology jobs being created globally, and will also support pilot programs that provide incentives for businesses to grow their information technology workforce in inner-cities and rural communities...with such signs what else we can expect.
By Ajay Mantha, Asst. Manager/Manager -(NonTechnical), Genpact  | 11 11 2008 06:16:43 +0000
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Definitely it will have effect because Barack obama considers India and China both as serious competitors that are trying to steal jobs from naive Americans...
By Ajay Mantha, Asst. Manager/Manager -(NonTechnical), Genpact  | 11 10 2008 14:29:35 +0000
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yes there will be greater effect on the IT industry as such the whole government is changing in the US and may be the new government there might not appreciate too much of outsourcing during the financial crisis.


By Vinaya Kumar, Asst. Manager/Manager -(NonTechnical), Genpact  | 11 05 2008 12:15:43 +0000
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Yes there will be the effect on the IT industry as you know in the presendential run up campaigns Obama said that he will stop the jobs going from america to the other countries, as he was mentioning about the outsourcing of work to others around the world, so yes it will have a great impact on the IT industry.


By Niranjan Padmanabhan, Asst. Manager/Manager -(NonTechnical), IBM-Daksh  | 11 05 2008 12:13:41 +0000
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I dont think this will have any impact on business as we r still going through the recession phase... and if american wants to payy for bread and butter they nedd to provide business to India or china...They prefer to have it in India because of the language and polical barriers in China.

I think we should wait for more business flow

 

 


By Saurabh Agarwal, Project Manager/Project Coordinator, HCL Technologies  | 01 23 2010 14:37:59 +0000
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It will not effect as the companies are running into losses and if they want the same work to be done frm there it will be even more expensive.
By Mallikarjuna Gupta Bhogavalli, Sr. Product Manager, Oracle India Pvt Ltd  | 11 11 2008 10:44:20 +0000
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The statements during election can't be taken seriously as the practical world is some thing different


By Vinayarajan KV, Head/VP/GM-Sales, EP Tech  | 11 11 2008 04:45:16 +0000
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With his(obama) conservative stance on outsourcing and the current global financial mess, we will see a negative impact on offshoring in the short term but in the long run we will see more offshoring. They (US) don’t have that many engineers. How will they manage without offshoring. I do not expect new American government will try to discourage offshore outsourcing...
By Vikash Jaiswal, Business Analyst, SAP  | 11 07 2008 12:45:38 +0000
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No there will be no impact, but there will be less outsourcing, but then its up to us how we lure them to outsource with special economic reforms, and  if elections are held on properly there will be new government in India also, so i guess both the new governments would strike up a good deal relating not only to the IT industry and outsourcing but others as well.


By Krishan Lal, Asst. Manager/Manager -(NonTechnical), Genpact  | 11 05 2008 12:17:35 +0000
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