So Obama is the new US President.
But going by what he promised to the electorate during his campaign, for a while things don’t look very bright for Indian software-services industry. As how many of his promise he fulfills is yet to be seen.
The things in Democratic agenda are:
• Enforcing existing trade agreements.
• Raising pressure on China to strengthen its currency.
• Taking measures to keep jobs in US, one possible way is to discourage outsourcing.
Major concerns of the Indian software-services industry stem from the Democratic view on outsourcing.
But going by what he promised to the electorate during his campaign, for a while things don’t look very bright for Indian software-services industry. As how many of his promise he fulfills is yet to be seen.
The things in Democratic agenda are:
• Enforcing existing trade agreements.
• Raising pressure on China to strengthen its currency.
• Taking measures to keep jobs in US, one possible way is to discourage outsourcing.
Major concerns of the Indian software-services industry stem from the Democratic view on outsourcing.
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