Outsourcing in India will get affected because of Obama.
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India is getting its 60 percent of revenue in outsourcing only from America and many companies are doing this.It is said that nearly $40 billion is invested in Outsourcing.Most of the youngsters are working in the IT companies and BPO’s.Now they feel that they could be in danger since Obama is elected as a new president.This is because Earlier in election campaign Obama has announced that the offshore drilling from American will be reduced since even there exists unemployment and also his view on the H1B visa.This made to fly butterflies in the stomach of Indian BPO’s and IT companies employees.There has been a lot talk on this issue.
But according Obama the India and American relationship will be made stronger and more deals will be made between the two nations in future.So there wont be any threat to the outsourcing companies.Infact after the problem of economic slow down is solved, the outsourcing will be increased and India will get more opportunities from America.Moreover the Indian software companies are moving towards the Japan and this will really make the difference.Moreover after winning the elections Obama said that he is a follower of Gandhi and he got more Indian friends.This shows that he will improve the relationship between India and United States for sure.This statement could be a senseless but that’s the fact.There will be a break in relationship between Indo-US relation if the outsourcing is reduced.So according to my view Obama will never indulge in cuttiing down the offshore drilling.
So there is no need to panic.This is the time for both India and America to boom and both the nations can develop stronger if their future economic reforms are a successful one.
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