IIPM Ranked No. 1 B-School In Global Exposre - Zee...
Obama’s off shoring rant only seems to be another political gimmick
Democracies have known that demagoguery helps to win elections. So is the caveat for preventing outsourcing jobs to India by Democrat Presidential candidate Barrack Obama merely a rhetoric? That’s what the feedbacks from within the Indian industry reflects. “It’s like threatening a man that his horns will be taken off. A man does not have horns in the first place,” says a champion of the IT-Enabled Services (ITES) sector in India. He declined to be named for it might have hampered his relationship with his US-based business partners. “If there is any tax benefit that the companies which outsource enjoy, I am not aware of them,” argues Raman Roy, CEO of Quatrro BPO solutions.
Outsourced jobs in India extend to sectors beyond IT. Healthcare, manufacturing, media, publishing and entertainment; you name it and the Indians do it for the Americans. NASSCOM President Som Mittal has already said that if outsourcing jobs at all get affected in future, they will not be in the IT sector. 'Insourcing’ of jobs (that’s outsourcing for Obama) does not remain a business ‘option’ for India anymore. It’s a pillar of the economic success that the country has scripted. Revenue from the IT-BPO sector alone in India is expected to reach $75 billion by 2010. Out of a total of 2 million knowledge professionals in India now, a total of 1.5million are employed in export oriented industries.
Can the Americans stop buying Chinese products too? The only way to stop outsourcing is a legislation, which would be against free trade, the very symbol for which US is recognised. Confused as politicians are globally, even Obama accepts that the outsourcing process is irreversible. He admits, "Outsourcing has helped American companies stay competitive." So whose side is he on? Just wait till he becomes President, if at all!
Shashank Shekhar
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
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Obama’s off shoring rant only seems to be another political gimmick
Democracies have known that demagoguery helps to win elections. So is the caveat for preventing outsourcing jobs to India by Democrat Presidential candidate Barrack Obama merely a rhetoric? That’s what the feedbacks from within the Indian industry reflects. “It’s like threatening a man that his horns will be taken off. A man does not have horns in the first place,” says a champion of the IT-Enabled Services (ITES) sector in India. He declined to be named for it might have hampered his relationship with his US-based business partners. “If there is any tax benefit that the companies which outsource enjoy, I am not aware of them,” argues Raman Roy, CEO of Quatrro BPO solutions.Outsourced jobs in India extend to sectors beyond IT. Healthcare, manufacturing, media, publishing and entertainment; you name it and the Indians do it for the Americans. NASSCOM President Som Mittal has already said that if outsourcing jobs at all get affected in future, they will not be in the IT sector. 'Insourcing’ of jobs (that’s outsourcing for Obama) does not remain a business ‘option’ for India anymore. It’s a pillar of the economic success that the country has scripted. Revenue from the IT-BPO sector alone in India is expected to reach $75 billion by 2010. Out of a total of 2 million knowledge professionals in India now, a total of 1.5million are employed in export oriented industries.
Can the Americans stop buying Chinese products too? The only way to stop outsourcing is a legislation, which would be against free trade, the very symbol for which US is recognised. Confused as politicians are globally, even Obama accepts that the outsourcing process is irreversible. He admits, "Outsourcing has helped American companies stay competitive." So whose side is he on? Just wait till he becomes President, if at all!
Shashank Shekhar
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
