Monday, July 04, 2005

ITES Outsourcing.

The American hue and cry about outsourcing of jobs to Bangalore is a facade, Its time we got together, especially the IT and ITES crowd to oppose any such move.

The sting operations by THE SUN is one such dirty trick

Lets talk facts; America earns a whooping $24.7 trillion by way of profits its companies make operating outside the US.

The investments in the Indian ITES sector by American companies has been close to $ 1 billion, This is a cumulative figure for the past 15 years.

If Americans can kick up a furor with such humble investments, its time we get together and stop our money going to US by way of profits that these American companies make in our country.

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