sacsharma

Infosys' Weak Outlook: Appreciating Rupee, Rising Wages To Blame

I agree that the price differential advantage is eroding. About seven to eight years back engineers in India were earning 1/10th of their US counterparts in dollar terms. Now they are earning 1/2 to 1/4th of their US counterparts. The gap is shrinking fast.Companies are outsourcing because they can't find enough people with the required skill set in the US. The cost advantage is there but its significance is slowly getting reduced.
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