Always thought recession could only affect indian outsourcing industry in two ways.... one where protectionism will win over cost-saving and result in loss for indian outsourcing.... the other where indian outsourcing will improve because of cost-savings..... now there is a third angle....with recession cost cuttings from india would not be enough and companies would be ready for outsourcing against protectionism, cheap-labour but good enough quality.... to cheap-labour and below par quality just to cut costs
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