2006-12-02 03:38:50 · 5 answers · asked by pinky 1 in Business & Finance ➔ Corporations
Are foreigners ruling Indian software professionals and getting their work done paying less to Indians?
The short answer is yes.
Corporations in the West have outsourced their call centre and IT work for cost savings.
The Republic of India is the perfect country to invest in for these reasons. The work force or labour pool is highly educated. The people of India are very competitive with each other and this drives them to excel and what ever task or venture they undertake.
The socio economics of India based on population and living standards underscores the competitive environment. With a wealth of labour to choose from, finding new people to work for less money than in the West for the same position is attractive to companies.
What India and her people are transforming into is a new economic superpower in the very early stages of birth. As the development of the software industry expands new entrepreneurs will emerge creating new wealth and more highly skilled employment.
This will have a spin off effect that will move into other sectors of the country. This growth in exports can be clearly seen in the present day with more goods moving now than ever. The long term affect will have pros and cons for the country as in any economy that will experience rapid growth.
My advice to you is to learn as much as you can while they are paying you, look at it as a free education, and expand on your understanding and exploit it to your benefit. The opportunities to fill gaps in for companies will arise and that is a market within your existing market that will grow. There’s money to be made here for the local population, all you need is vision and drive.
Good Luck
2006-12-02 04:30:31 · answer #1 · answered by nmp948 4 · 1⤊ 0⤋
It is the invisible gains they make in the process. The product has got immense value and those who were behind the creation are paid higher, they lose in the value aspect.
2006-12-02 04:15:29 · answer #2 · answered by cvrk3 4 · 0⤊ 0⤋
yes they are exploiting Indian professionals
2006-12-02 05:37:10 · answer #3 · answered by [ jD ] 3 · 0⤊ 0⤋
Yes this is right in some points.
But it has other thing'too.
Indians are very wise in computing...mainly in S/W. programming..this is also a reason behind that.
2006-12-02 03:48:58 · answer #4 · answered by Anonymous · 0⤊ 0⤋
No its not so.
Although Indians are getting AUKAAT SE JYADA !
2006-12-02 03:43:09 · answer #5 · answered by Anonymous · 0⤊ 1⤋