What's amusing about this is that it will result in more competition for American jobs in SV as google/ FB/etc will be able to hire more Indian engineers. I am

What's amusing about this is that it will result in more competition for American jobs in SV as google/ FB/etc will be able to hire more Indian engineers. I am skeptical that tcs/Infy/cts are going to hire Americans. They will probably just resort to more telecommuting. Still, it's a good idea. Bringing in more talented Indians will help the economy overall, just not for American software engineers.