I have been keeping my ear to the ground in the local job market (Switzerland) and personally haven't encountered any company that outsourced to India specifica

I have been keeping my ear to the ground in the local job market (Switzerland) and personally haven't encountered any company that outsourced to India specifically. Most popular are Eastern Europe (Serbia, Ukraine, Romania) and Asia (Vietnam). The """savings""" multiplier is still in the order of 3-4x, but time zones work out better. I am however, still baffled how this happened after seemingly every company made the discovery that outsourcing too much of your business doesn't tend to work out (20 years ago, during the last boom). I also talked to several companies that were willing to trust their outsourced teams to work remotely, but not the staff located in Switzerland (who once again have to come to the office during the pandemic).