Web Content & SEO Writer, Hyderabad,INDIA
Obama has won the US Presidential election. Democrats will now occupy the supreme seat of power at Washington for 4 years to come. The election of Obama as US President is sure to cheer many Indians and needless jitters to few others. There are prominent issues that were a matter of debate till yesterday, will come to the forefront with a renewed force. An issue that really matters every Indian: Will India sustain its privileged position as the outsourcing destination for US industry.
For sure, outsourcing is to catch more momentum, and the winds of change will favor India. Why I am saying this? To put it other way, what makes me to say this? When we find the few fellow Indians getting jittery of Obama coming to power, as they prophesy could spell bad news for BPO and IT firms in India. These needless concerns will appear baseless, if we take an eagle’s [bald eagle] eye at the changes to come.
Obama is no doubt concerned about protecting the interests of US citizens, who have over-flowingly elected him to power. But, so far, his ideas and ideals as expressed at different public meetings never aimed to disturb political stability, world peace and financial strength of US or of any world nation. This is crystal clear.
Market research conducted by international research institutions like Tecnova showed that 82 percent of Indians expressed choice of Obama. The quality work delivered by Indian firms at lowest price tags much to appreciation of US firms puts the seal of assurance that the new administration can never resort to any initiative that jeopardizes US economic interests. Similar will the deal with issuing of H1B Visas. In the present times when US economy is in prolonged crisis, cheap labor is increasingly in demand more than earlier. This is sure to put pressure on the administration to issue more H1B visas, which major stakes for Indian workforce to gain.
The five IT majors of India - TCS, Infosys, Wipro, Satyam and HCL have more of cheers than of worries in the coming days. Obama has already hinted at what is to come in terms of the administration's deal on outsourcing. At the 2008 Democratic National Convention (DNC) Obama has categorically said of stopping tax breaks to companies that are sending jobs offshore, and extend the same to companies who create jobs in America. IF THESE LINES ARE CLOSELY READ, the really spiced meat to come for Indian IT firms becomes evident. Either way Indian IT industry emerges winner.
So, shall we all jointly announce loud cheers for Obama. Welcome President!!
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