From an article posted by BusinessWeek through yahoo
It felt like the lights went on again in Bangalore. Almost as soon as U.S. President George W. Bush was reelected and the specter of a Democratic Administration that might pull the plug on outsourcing receded, the deals began to flow. ....and
India's software services trade association, Nasscom The group believes as much as 30% of corporate tech work can be outsourced, and so far less than 10% has been.We'll have "business are doing great" message from our government but our unemployement will skyrocket.