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.

[Protagoras]

"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.

These are the same people who recommended you buy dot coms at the top.

[TejasRose]

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.

And you know this, because?

[TejasRose]

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.

You can think as you will....my point in getting involved in this discussion was just to point out another career going offshore. When all the jobs are gone and all we have to do is pick tomatoes and beans, security won't be an issue.

[Capitalism2003]

Why are these companies moving? Because the GOVERNMENT in India doesn't endlessly f**k with companies...continue piling on thousands of new regulations each year...They don't enforce racial quotas, continue trying to artifically raise wages, protect NON working union members from being fired. In other words, they let free people run THEIR businesses as THEY choose in a FREE MARKET...something the US hasn't done since FDR's socialist revolution. Until we limit our government and show a healthy respect for the great contributions businesses have made to America, we will continue to lose jobs to other countries. "Solutions" like new tarrifs, new laws, being pushed by right and left are actually the CAUSE of this problem...We are doomed until we realize this. What we need is to bring back the free market and make starting a business in America an attractive idea again.

[TeleStraightShooter]

WAIT! If they are in THIS country, then they ARE my neighbor as well, no?
Only if your neighbors are non-citizens

..Or are you only speaking of my white neighbors?
No.
But you are.
Why do you view your white neighbors though a different lens?

[TeleStraightShooter]

Because the GOVERNMENT in India doesn't ... enforce racial quotas...

My sources tell that they enforce "class" quotas.
However, you are absoultly correct; Government regulations make it so hard to compete in the world market!

[Cronos]

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.

And since India or Ireland or Israel or any other country where work goes to has to obey US law...

[Cronos]

I know this because if anything happens I'll sue the pants off the American company. If their workers screwed up -- whether in the US or in India or in Timbuctu, the company is liable and they will have to pay.

[Cronos]

You can think as you will....my point in getting involved in this discussion was just to point out another career going offshore. When all the jobs are gone and all we have to do is pick tomatoes and beans, security won't be an issue

Now, isn't that a turn around. If that was your point, you should have said that at the start instead of going around in circles over security etc. You're worried aobut you losing a job, well, that is more understandable.

[Cronos]

Exactly. Look at Russia -- formerly the Soviet REpublic of Russia. H***, they're getting more open than we are. our govt is making this a totalitarian state. First they take away our guns then what else? Russia and India are leaving their socialist idocracies behind while we're going in the opposite direction. Less government, lower taxes, less govt interference in our lives, that's how this country became great and that's how we'll become great again. All this big govt got accelerated under Clintack and dubya is removing parts (the lower taxes for one) but he needs to do a lot more, that's why I'm voting for him this year.

[Cronos]

What we need is to bring back the free market and make starting a business in America an attractive idea again

Exactly, that's why 100 million + immigrants came here, because they could improve themselves without any constraints as present in the old world.

[oceanview]

that is exactly it.

and you are also going to see the rise of unions for "captive" jobs that we do have here in the US. when the service industry is the only place to work, when tech and manufacturing and alot of white collar works goes offshore, workers will have to organize to raise compensation for the jobs that cannot go overseas.

the destruction of the private sector middle class will give the Democrats a permanent majority in the US, perhaps as early as Hillary 2008.

[oceanview]

that is exactly right, that is exactly what my friends are doing. engineering used to be a "generational" thing, but that has been broken now, as parents see what will happen to their kids and don't bother investing in an education that leads to a dead end job.

[oceanview]

no way. development is going, seminconductor fabs are going, low level semi design, and once the chinese get trained on the low level design, high level design will be next.

[ASA.Ranger]

Affirmative Action, Diversity, metrosexuality, and being very liberal are more important job qualifications than merit in W,DC. I swear that I work in the Democrat National Committee's HQ instead of the National Office of a Federal Agency.

[TejasRose]

Now, isn't that a turn around. If that was your point, you should have said that at the start instead of going around in circles over security etc. You're worried aobut you losing a job, well, that is more understandable.

Gosh....I just love the way you pick apart everything I say. Yes, I am concerned about security of medical records. Yes, I am concerned about medical transcription going offshore (India, Pakistan, wherever). The security issue is one facet...another facet is poor work quality...another facet is loss of American jobs. Am I concerned about losing a job? Not really...if you read my earlier posts you'll see that I have been in the field of medical transcription for 35 years. I'm pretty close to retirement. I am concerned about my colleagues, though. I don't know what your profession is, but I sure hope it never goes offshore.

[freebilly]

Most of the R&D work will remain here in the US but lower end tech-realted jobs like call-centers (how the **** can ANYONE call a call-center job as a tech job?) can move out.

For the most part I agree with you. India, for example, just doesn't have the infrastructure to handle high end R&D for the tech sector. But a whole bunch of our R&D work is handled here by Indian, Pakistani, and Chinese engineers.

[FrankR]

Well, if they're so brilliant, why haven't they turned India into a major superpower?

If they're so briliant, as a people, why the mass influx of them to the U.S. to run convenience stores?

I say, products and services by companies who send American jobs overseas, should be heavily boycotted. I can't think of a think they make that we can't do without.

[Euro-American Scum]

Ironic that it is through an American employee's tax dollars, that we pay for the education that trains foreigners who can then replace that American through offshoring.

That's it, exactly. It's the major reason I can see myself sitting out the election in '04. Dubya is a one-world globalist in conservative clothing. And the Dems are not even worth considering. Pat Buchanon has no credibility, with his rabid anti-Israel positions, and there is no other viable third party candidate out there.

In the meantime, don't plan on being in the job market -- in any profession -- if you're straight, white, male, American-born and over forty.

I don't participate much in these threads anymore. They're all pretty much the same, the situation is not going to improve, and I don't have much more to add to the debate.

It's just too depressing.

[Euro-American Scum]

parents see what will happen to their kids and don't bother investing in an education that leads to a dead end job.

They see what is happening to their kids when they invest thousands of dollars that leads to being arbitrarily shut out of the profession before they even get a shot at it.

I tell you, university administrators should be dangling from a rope for putting forth the false hope that there is a market for American-trained and -educated engineers and computer scientists.