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Is the party over for Indian Outsourcers?

I usually ignore the hyperbole when it comes to Indian outsourcing. Articles about outsourcing generally fall into one of two categories: 1) business articles that exaggerate the benefits of outsourcing to with little factual data, or 2) visceral anti-outsourcing propaganda. However, Business Week has produced an interesting snapshot of the challenges faced by Indian Outsourcers: a falling US dollar, increased competition, lack of innovation, limits on the H1B Visas, and a severe shortage of technical labor. Perhaps most shocking is the admission that Tata is taking general science/math grads and putting them through a "7 month" program and then making them coders. Paradoxically, someone with seven months of training is billed at the same cost as a senior developer.

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