Ow, give Senator Charles Schumer a break, will ya people? It's a tough life being a politician in the US when the economy is in the doldrums and jobs are disappearing every passing minute. On top of it people expect them to find a solution in a jiffy. What are the likes of poor Schumer supposed to do? Oh wait, what about the Indian IT companies? Let's revive the old war-cry of "Stop them, they are shipping our jobs overseas". That's precisely what he is doing.
It's high time that the companies like Infy wake up and smell coffee (!). It was just yesterday that I read an article about how the likes of Cap Gemini are focusing on small clients in India who think that the bigshot Indian IT companies will ignore them once the US market picks up. Agreed that the deal size will be small compared to what Indian IT companies are bagging abroad. But there is potential for growth as well. Besides, the reality is that there is going to be more noise about protecting local jobs in the future. The sooner we start hedging the better it will be for everyone.
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