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PC World: Outsourcing Industry in India Nervous About Obama

PC World: Outsourcing Industry in India Nervous About Obama

Since President-Elect Barack Obama became the next president of the United States, his ideas concerning outsourcing and offshoring have the Indian...

outsourcing industry a little uneasy. He has stated that he plans to stop giving tax breaks to companies that send jobs overseas.

Indian companies that get the majority of their revenue from American Companies are worried that this may drastically effect their industry.  However, Indian Finance Minister P. Chidambaram, refers to Obama: "...he will realize that it is an interconnected world, and countries have to work together."

Source: http://www.pcworld.com/businesscenter/article/153347/indian_outsourcing_industry_jittery_after_obama_win.html

 

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