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Will obama’s U-turn on outsourcing help India?

Democratic Presidential nominee Barack Obama may have made his stand on outsourcing clear. He had said if elected he would stop tax breaks to companies that indulge in outsourcing. However, has that statement actually had any impact on the BPO industry in India?

In Denver, Barack Obama may have been applauded for his views against outsourcing but this statement hasn't scared BPOs in India.

People like Pushpender who has worked in the BPO firm for almost five years said, all this is just election gimmick and the industry is here to stay. "Talks about it just being a prelude to elections, too valuable an industry to actually let go off people," said Pushpender Singh Yadav, BPO employee.

A view echoed by Naascom's Sucharita Eashwar, Regional Director. "We are definitely watching closely but we really don't think our jobs or the industry is at any risk. We are confident of our skills and technological expertise and know we will always be an asset for the American market as well."

But what if Obama wins the election? "It's not that simple, even if he gets to the White House there is a long procedure, there will definitely be no impact and it will fizzle out," said Lathika Pai, CEO, Fides Global Consultant.

Do you agree with some experts that this is Obama playing to the gallery before the elections?

Comments

Posted by  
on September 4, 2008, 9:51 pm

Umm... not sure. I've heard that Obama has good relations with India and over 50% of his main staff is Indian. So I dont think he will curb outsourcing.

Reply to this comment
Posted by Ronnie  
on October 27, 2008, 3:43 pm
I am of the opinon that all the Politicians all over the world gives many promises to the people & then finaly when elected they just forget about all the promises they may have made to the public.
Even here it is not just a political stunt but also he does not have the guts to stop any out soucering jobs to India as he knows fully well that if he does than it will be the Americans that will be the loosers & not India.
First the world economy was dependent on USA but that has changed forever now the world economy depends mostly on India & china, but more on My India than on china.
So, it is all purely politicals grimmicks .
Ronnie Patel

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