1) The Great Chinese Leadership has recently announced all sorts of concessions for the Chinese IT services industry and has begun discussion with major multinationals for them to take take advantage of these.
4) These MNC's are US companies, so take advantage they will:
A) It will be cheaper and
B) US company bosses like to deal with like. Dictators with dictators. Why should they put up with the whining of a Premji moaning that his employees insist on being paid more because of rising productivity when they can have their partners shoot a few cybercoolies to keep the wage rate in place in China?
Time for the Indian IT industry to retool, or retooling will be forced upon it. And not before time as we need to release our cybermundu's to more productive work.
Time in fact for us to improvise and invent the IT equivalent of Chindese cooking (see previous post)
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