Obama calls India a job-creating giant for USA

[shineonyoucrazydiamond]

50,000 is an inflated number. Currently US unemployment is in the millions, really insignificant numbers if you ask me.

The point is, his statement is wrong, something is better than nothing and that is all that Obama has achieved - something. "Job creating Giant" is politician talk, thats it.

Short sightedness that's all I have to say...

See its impact in the future. It's a regular process, one cannot create millions of jobs in a day. Buying few now will open doors for many. Any business needs to have a starting point, his statement may be wrong but what do you think, for mere 50 thousand jobs he will travel all the way to India?

If US can build goodwill today, it will serve them for next 15 20 years. India is a big market. Consumption is necessary to allow manufacturers to produce. Look at it that way..

 

[mohan goyal]

^^^^^^ rightly said, if you want to have a house, you have to start saving from now and after 10-15 yeras you will reap the benefits. this is how it works. there is no immediate benefits.

 

[zs4]

Outsourcing software to India is not cost effective. The minimum rate for a fresh graduate in a small company is $20/hour, not very cheap considering you have to teach them everything. For more senior developers, that is someone with 2 years experience, from a more reputable company, it cost $40/hour. This is a good rate for mid to large sized company($500 mil/annum revenues), but the reality is that its still not cost effective. The main reason is that there are costs of offshore coordination at both ends, and often the software has to be tweaked to work properly, or worse rewritten. This adds to the delivery date. Despite lack of improvement in costs, and increased turnaround times, outsourcing continues to grow.

Currently, in my company, all the junior level jobs are outsourced to a vendor and our India office. All the management is retained in the US. But in 5-7 years, when we'll need new managers, we won't have the expertise in the US, but the management will come from offshore. In 10-15 years, similarly, the senior management will come from offshore as it will be hard to find the experience here.

 

[mohan goyal]

IT can take India directly to 21st century: Obama


MUMBAI: US President Barack Obama on Sunday got a first hand account of how information technology (IT) has revolutionised life in rural India, and said this technology would help India directly leapfrog into the 21st century.

"India may be in a position to leapfrog, avoiding 20th century straightaway into the 21st century. I look forward to the day you will be a model for countries around the world," he told villagers of Kanpura near Ajmer while interacting with them from Mumbai through video conference.

After a short introduction by National Knowledge Commission chairman Sam Pitroda, Obama spoke to the villagers who shared the benefits of broadband penetration - from online medical consultation, education and local e-governance.

The President expressed happiness about the progress being made with the aid of IT. "Here is a good news. In the US, we are trying to do the same thing. Trying to make the government accountable and efficient," Obama said.

The villagers interaction was coordinated by Union Minister of State for Communications and IT Sachin Pilot, who said IT was not just about exporting services, but was also about changing lifestyle of rural India.

India expects to achieve broadband penetration in all panchayats by 2012. Broadband spectrum was auctioned earlier this year and the network roll-out is currently underway.

 

[Swift]

Ok say IBM takes back 100000 jobs from India to US , now tell me smart ppl how many projects they can win against Infosys , Cognizant or wipro?

 

[Indiannn]

A news channel made a very important point!:
The attitude of american president's and leaders is decreasing.

Earlier the american prezs making visits to India,never used to be so open and were more towards 'charity and visiting villages'.

This time,they are more concentrated on economic balance and jobs creation in USA!

The 'ainth'(hindi word for attitude) is lowering..

Signs of what?
We all know..

 

[r3alist]

How can out-sourcing jobs to India create jobs For Americans?

That makes no sense whatsoever.

exactly, i do not understand this myself.

if i was an unemployed young american (thankly i am not) i would quite like the idea of having one of these jobs that are outsourced to india - a job is a job and i would be wondering why my govt. is so keen to give others an opportunity

 

[Markus]

First of all use some sensible adjectives, the fact that you feel disgust over that statement leaves me to wonder if you truly comprehend the emotion of disgust.

Anyway, the fact is, Defence deals, MNC deals, Nuclear deals will help the US gain some economic mileage but in the long run the small jobs, the call centre type ones, they are all being outsourced to India.

If I'm an American student just out of college with a simple IT degree and in this market I don't have a lot of experience, the only type of job I can do is give basic 1st level desktop support for an year or two.

India takes away these kind of jobs. In America the biggest problem is that the basic level, startup jobs are not there any more in professional fields.

Of course China takes away a lot of other jobs too, but I was commenting upon Obama's ridiculous statement, which is nothing but to justify his closeness with India.

The statement above in bold is shocking.

India dosen't beg for jobs, American companies do it themselves because this helps them save money, they can get the same job done at a lower cost in India.

If outsourcing is such a big issue, then why dosen't Obama ask the American companies to stop outsourcing to other countries.

And just FYI:- If US outsources IT/ITEs jobs to India then the same US also outsources many of hardware manufacturing processes to China. Many of the American giants get their products manufactured by China's Foxconn.

So if you want to stop outsourcing, then we must also discuss of outsourcing done to other countries and not of India alone.

Republican McCain rightly said that Obama should demonizing India in the name of outsourcing.

 

[r3alist]

India dosen't beg for jobs

with some of its requests india has basically asked for jobs - look up what they have lobbied for - india is not the only country that can offer cheap labour to big companies

 

[Markus]

with some of its requests india has basically asked for jobs - look up what they have lobbied for - india is not the only country that can offer cheap labour to big companies

So whats wrong in that?

I see that as a advantage that India has got - offering skilled manpower at a lower cost. Ans as you said, India is not the only country then why should all the blame be put on India. Many other countries are also doing the same thing that India is doing.

 

[r3alist]

So whats wrong in that?

I see that as a advantage that India has got - offering skilled manpower at a lower cost. Ans as you said, India is not the only country then why should all the blame be put on India. Many other countries are also doing the same thing that India is doing.

you just said in your previous post india does not "beg" for jobs- it just asks in a very persistent manner.

and what i meant is that india is not the only country that offers labour but its probably the country that gets to benefit the most - more than any other country in total of you consider europe, us and ME

 

[Awesome]

The statement above in bold is shocking.

India dosen't beg for jobs, American companies do it themselves because this helps them save money, they can get the same job done at a lower cost in India.

If outsourcing is such a big issue, then why dosen't Obama ask the American companies to stop outsourcing to other countries.

And just FYI:- If US outsources IT/ITEs jobs to India then the same US also outsources many of hardware manufacturing processes to China. Many of the American giants get their products manufactured by China's Foxconn.

So if you want to stop outsourcing, then we must also discuss of outsourcing done to other countries and not of India alone.

Republican McCain rightly said that Obama should demonizing India in the name of outsourcing.

Why are you assuming that India takes away jobs is a criticism of India?

Obama can't ask his companies to give Americans their jobs, that would be communism/socialism and all the bad isms that are avoided like the plague in America. They come to India for profit.

Oh wait, you're not getting it - you're being defensive needlessly. Obama is giving this statement to save his own hide from Americans.

 

[Markus]

you just said in your previous post india does not "beg" for jobs- it just asks in a very persistent manner.

and what i meant is that india is not the only country that offers labour but its probably the country that gets to benefit the most - more than any other country in total of you consider europe, us and ME

I dont know what you mean of asking in a persistent manner. This is all business and trade. This is how globalization works.

So in short, there's nothing wrong if some US companies outsource to India.

 

[Markus]

Why are you assuming that India takes away jobs is a criticism of India?

Obama can't ask his companies to give Americans their jobs, that would be communism/socialism and all the bad isms that are avoided like the plague in America. They come to India for profit.

Oh wait, you're not getting it - you're being defensive needlessly. Obama is giving this statement to save his own hide from Americans.

Exactly, there is nothing wrong in US companies outsourcing to India. Obama's anti-outsourcing statement are meant for his home audience. His failure to control increase in unemployment rates is forcing him to put all the blame on Indian outsourcing. Obama is in India to save his own face.

 

[r3alist]

I dont know what you mean of asking in a persistent manner. This is all business and trade. This is how globalization works.

So in short, there's nothing wrong if some US companies outsource to India.

again let me repeat, you said india does not beg for jobs but you also concede that they ask for jobs....is the contradiction not glaring at you.

secondly there is nothing wrong with what india is doing from india's perspective, but from the us perspective its not exactly great when you have a whole generation of american graduates wasting their most productive years whilst indians have the opportunities to make hay - its a great deal indians have gotten, they get to get richer whilst americans get poorer