An $84 Billion Short Book Is Putting Pressure on India’s Rupee
An $84 Billion Short Book Is Putting Pressure on India’s Rupee
A slowly devaluing rupee with low volatility is actually in best interest of India. It increases our competitive advantage. So, its a good thing actually.An $84 Billion Short Book Is Putting Pressure on India’s Rupee
Americans invest a lot in Higher education. Will they be able to get cheap drones so easily for mundane unglamours and boring tasks?Does Trump care about or understand the consequences of his actions? No
His rabid support base is determined to end IT offshoring and the H-1B visa program, and there’s a strong likelihood he will follow through. He has already sidelined figures like Elon Musk due to their pro-H-1B visa stance, so we must be mentally prepared for the fallout.
Also don't pin your hopes on this menace to end in 2028, there is a high chance another mental maladroit could take his place.
Therefore, Indian IT coolie companies must seriously consider diversifying revenue streams, shifting to product development, and expanding into non-U.S. markets.
I have been wondering, why has any other country emerged as a alternative to india when it comes to IT backoffice and offshore jobs? I used to hear Philippines will replace india, but that hasn't happened yet.Americans invest a lot in Higher education. Will they be able to get cheap drones so easily for mundane unglamours and boring tasks?
Their companies will loose competitveness.
Another factor: India has progressed up in the value chain in service industry. So, it again will be very hard for them to find the required talent. Its easier to train a factory worker but not a service professional.
I really don't know. It was not only Philippines, once their were strong views that Brazil can snatch our software industry crown. That has not happend yet either.I have been wondering, why has any other country emerged as a alternative to india when it comes to IT backoffice and offshore jobs? I used to hear Philippines will replace india, but that hasn't happened yet.