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Outsourcing Turns Inside-Out as Indians Open U.S. Centers.
- rikacomet 14y agoThe title is wrongly placed, its not inside-out reversal, but only a marginal workforce is now being hired in the US itself, with a Indian heart, this model is still better than whole-sum US (put a european country here) owned center as: - The TCS still has Indian Top Level Executives, overseeing things from India, who take home a comparatively smaller amount of remuneration compared to US based peers only, backed by the fact that cost of living in US, is still a lot higher compared to cost of living in India. - Moreover due to growing nationalistic movement in US over outsourcing, this is the best way, at cost of 1-20 top level jobs, 200-1000 jobs are secured per such center. ofcourse, lastly the margin is greater for these Indian IT giants based on the appreciation in value of US Dollar in last 1-2 years. it was 43-45 Rs for 1 dollar in 2007-08, it is now up to 55-58, after coming down from 60-63 level few months back. India of course have its own set of problems due to it as well, as we have to import a lot of petroleum in US dollars.