Originally posted by Rambo Prasad:
If Rupee strengthens further to 35 - 36 levels will there be layoffs...?Is the party over...
Originally posted by Manish Hatwalne:
and they can always find cheaper markets.
Originally posted by Varun Khanna:
Wish we can be bit more than just "cheaper market"! Let's hope tomorrow to be bit different.
High time for biggies to wake up and do something different than copy/ paste, else keep praying for Rupee/ dollar equation forever!
Originally posted by Ramesh Choudhary:
How long do we need to maintain our 'status' in the Western world as 'Attractive economical offshoring destination'?.
[ July 28, 2007: Message edited by: Ramesh Choudhary ]
Analysts have talked about the problems that the rising rupee brings. Here's a positive: It buys a lot more in the United States.
Another thing to notice about this deal, It's not about labor arbitrage. Infocrossing's 900 employees will stay in the US. This is about capabilities. So the deal is yet another example of how the Indians are making the transition from business models based on low-cost labor to models based on putting highly skilled people in the right place for customers