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Published 8th Feb 2009
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Khuda andalusia new U.S. president, Barack Obama, Democratic Party, for his outstanding victory in the presidential elections of John McCain on the Republican Party. This race for the presidency is said to be the largest ever media focused choice. It also considers dramatic ups and downs, and even the withdrawal of counsel talked much of the U.S. and Hillary Clinton, wife of Bill Clinton, former president of the USA.

Much has been written and spoken in all areas of business and the new political polling have good and bad effects in India. Outsourcing industry in India is in a panic, as Obama’s statements have been twisted by the media and intellectuals in a way that creates a chaos that outsourcing work to India will be reduced.

The negative sentiment of such interpretation has also affected populations of TCS, Wipro, etc especially when due to the merger of the U.S. economy, the whole world was shattered the Indian economy and commodity exchanges values are no exception to it.

The care, the study of all interventions to date given by Obama, nothing concrete has been found that you can conclude that the outsourcing industry will have to see the dark moon.

By contrast, Obama said in his statement that India and China will boost the U.S. economy. If this statement is only seen below, this means there will be growth in mutual trade relations between India and USA. If this is the statement by Obama in which India is considering an economy between partners, then the imagination of a gray days for the outsourcing sector in India is not sustainable.

All this began with the speech that Obama had two states

“U.S. technology with thousands of jobs, but not enough talent at home”

“SOP prosecutor has not given to companies that outsource work outside the country”

But, it has an open declaration

“” I will start giving them (tax breaks) to companies that create good jobs here in America ”

Therefore, going by the factor of jobs generated by Indian companies in the U.S., it appears that the concerns of the outsourcing industry is futile. At most, the worst of the worst, not the companies that are creating jobs for U.S. citizens can face the market, making any policy against corporate outsourcing.

The compulsion of the U.S. to outsource the work is also a fact admitted by Obama for the remark that “… … … .. but not enough talent at home”. Therefore, to accomplish the growth, the U.S. companies are required talents as there are no talents in the U.S..

The above fact is also justified by the recent press statement by IT magnate and founder of Microsoft, Bill Gates that ”

“Recently, I had five most talented people from Microsoft and four were Asians”

Therefore, the obligation of the U.S. should be more a question of growth of the Indian outsourcing industry. As told PTI, NASSCOM President Som Mittal has stated that

“We’re not sure if he had meant outsourcing in the software industry or the manufacturing sector. But I do not think the software exports will be affected or decrease …

At the same time, it is noted that the major Indian outsourcing companies, such as Infosys, TCS and Wipro, have significant revenue to the tune of 70% from the USA. This was the reason why the Indian software and services exports segment grew by 29 percent in FY 2007-08 than it had in fiscal year 2006-07.

In the global scenario and the circumstances of the case, U.S. can not afford to outsource work to India and if you stop then in that case, where the capabilities are generated to meet the needs of your industry requires talent for growth. Even if Obama had in mind to check outsourcing to India will have to revise their views after learning the truth over dependence on the U.S. companies in India in the field of IT outsourcing.

By contrast, health and Indian Pharma companies have many reasons to rejoice over the victory of Obama in the U.S. because it is committed to strengthening the global fund. This fact has been certified by Bill Gates, that the November 4, 2008 in India and was responding to Obama said they have declared that their victory will help strengthen the global health and improve healthcare in India and abroad.

As regards other sectors, either in the energy sector too, the impact will be negative after the new government in the U.S.

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