6 million US jobs to move to India

January 05, 2004 12:32 IST ^ | January 05, 2004 12:32 IST | rediff.com

[BillyJack]

6 million US jobs to move to India

January 05, 2004 12:32 IST

India is likely to benefit from the exodus of high tech jobs from North America as over 6 million jobs are expected to shift overseas in a decade.

"In the next decade, as many as 6 million jobs might be sent to India and other nations by US companies in search of lower costs and a tech-savvy, English-speaking workforce," Goldman Sachs Group Inc. said in a recent report.

India and Outsourcing: Complete Coverage "The shift of North American technology jobs to low wage countries like India cannot be stopped because not only are Indian companies a third of the cost, but they actually are better," said Pradeep Sood, president of Indo-Canada Chamber of Commerce.

Indian workers earn as little as one-tenth of their North American counterparts, and India produces 67 per cent more engineers and computer scientists each year than the US, said Sood, suggesting that India should take full advantage of its low salaries and skilled work force.

A number of multinational corporations like Microsoft, Intel, Accenture Ltd and GM Motors have already started taking advantage of cheaper costs in India.

Microsoft, that employs 250 workers in India, is on track to double its workforce to 500 by 2005.

Intel, the global chip giant, has invested $20 million in an Indian customer service centre of Satyam Computer Services Ltd, one of the biggest software makers in the country.

Intel employs about 1,000 people in India and has its largest non-US chip design centre in Bangalore. Accenture Ltd, which manages business computer systems for clients including AT&T company, plans to double its workforce in India to as many as 10,000 by the end of this year.

General Motors Corporation, the world's known auto maker, plans to hire 100 researchers in Bangalore to develop lightweight material and conduct crash tests, according to economic experts in Toronto.

[Cronos]

I'm more worried about manufacturing leaving the country -- note, I said manufacturing not manufacturing jobs. As we get more automated, we CAN make goods cheaper than lower waged workers. We need to keep our manufacuring alive.

[Cronos]

Aye, you could make profits like Pepsico, Hyundai and other co.s

[Allan]

ping

[Cronos]

And among the Indian population here in the States, you won't find many who are in any branch of our military.

Check out the freep article at
America's soldier, India's son cremated with US honours

[Cronos]

You're supporting Enron?? WE know Messrs Lay and co cheated their way through everything.

[Cronos]

You will not be able to start a business in India.

That's not quite true, many of the companies that are giving good returns on investments like Colgate-Palmolive, Lever, Pepsico, etc. are making good money out there with rising volumes. Some other big names out there are all the big 3 car cos and of coruse the ubiquitous Micky D's. If you want to make big money, Asia is the place to be right now as it's booming and is not a mature market like the US or W. Europe.

[Cronos]

Those laws would be the same in India or the companies sending work there would force that govt to do so like the compnuter cos forced them to put up anti-piracy laws as stringents as the ones here.

[TejasRose]

Those laws would be the same in India or the companies sending work there would force that govt to do so like the compnuter cos forced them to put up anti-piracy laws as stringents as the ones here.

Maybe. I would invite you to read about the incident that occurred recently with a transcriptionist in Pakistan threatening to expose medical records that she had transcribed. If the guilty party can't be found....who gets fined?

http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2003/10/26/BUGIN2J2A01.DTL

[Cronos]

Maybe. I would invite you to read about the incident that occurred recently with a transcriptionist in Pakistan threatening to expose medical records that she had transcribed. If the guilty party can't be found....who gets fined?

The article is about India

India and Pakistan ARE two different countries you know.

[TejasRose]

India and Pakistan ARE two different countries you know.

You don't say!! I posted the link to the article to make the point about what could and did happen when medical records go offshore.

[A. Pole]

At this rate we will have a two-tiered American society. Those that are born to wealth, and those that are born to work in Wal-Marts. Is this the New World Order?

To see our future look at Mexico today.

US and Mexico need to converge and become similar, before they can be united.

[A. Pole]

I don't give a rat's patootie if their wages are brought down due to HB1 visas or outsourcing.

But I am sure that you will squeal like a stuck pig when the value of your retirement will go down because American workers will not be able to sustain it for you.

[Cronos]

You posted the link to prove that if "Those laws would be the same in India or the companies sending work there would force that govt to do so like the compnuter cos forced them to put up anti-piracy laws as stringents as the ones here."

by citing a different country that doesn't have as stringent laws.

[TejasRose]

You posted the link to prove that if "Those laws would be the same in India or the companies sending work there would force that govt to do so like the compnuter cos forced them to put up anti-piracy laws as stringents as the ones here." by citing a different country that doesn't have as stringent laws

Now you know what my intentions are? Umm....tell you what....when something similar happens with an Indian transcriptionist, I'll look you up. I'm glad you think there would be a difference in enforcing any American law in India or Pakistan. Guess you'd rather your medical records be in a sweat shop in India rather than a sweat shop in Pakistan. Medical transcription is not rocket science, but there is a lot of room for error, and if a doctor dictates Celexa and the offshore transcriptionist interprets it as Celebrex, that's a big difference. If the doctor dictates 4 mg, and the offshore transcriptionist interprets it as 40 mg, that's a big difference....especially if it happens to be on a medication to be given to you or someone in your family.

[1rudeboy]

You really think HIPAA laws can be enforced by the United States in India???

I think you are confused as to what qualifies as being "in India." If the company (Indian or not) is doing business in the U.S., then U.S. law applies.

[1rudeboy]

Your medical transcriptionist could have been from the moon, and it wouldn't make a whit of difference. Essentially, you are arguing that Michigan drivers should be prohibited from driving in Illinois because a Michigan driver was once caught speeding there.

There is nothing inherently more "secure" about an American transcriptionist versus a foreign one. Your confidential medical record could just as easily be compromised by a criminal act here.

[Cronos]

Different countries, different incidents. Just because Italy's Parmalat went bust with widespread embezzling doesn't mean that Sainsburys in the UK will do the same.

[Cronos]

The companies would have the same level of care taken whether it's offshore or onshore -- or else they'll get sued with the lawyers not caring where the transciptionist was. Oh and there have been some incidents like that over here as well.

[Protagoras]

Sounds like Americans better become more competitive if they want to keep those particular jobs.

[Cronos]

I think you are confused as to what qualifies as being "in India." If the company (Indian or not) is doing business in the U.S., then U.S. law applies.

Exactly.