Indian IT Industry Roots for Barack Obama

Presidential candidate Barack Obama points to the need to fix the American economy and proposes expanding overseas opportunities by outsourcing jobs as a possible solution for a flailing economy. Business is a two-way street, this article from the Daily News & Analysis in India suggests, and nations that outsource work can benefit as much as the nations that receive outsourced work. Plenty of Indian IT firms and US companies rely on the exchanges. India is a major IT outsourcing hub for the US, with business estimated at almost $50 billion in 2007, tenfold the amount from a decade ago, report Bhargavi Kerur and Uttara Choudhury. The US electorate includes plenty of skeptics who must yet be convinced about outsourcing’s value for US workers. – YaleGlobal