In 2004,
Outsourcing
to India is expected to grow by at least 30 percent, according
to research conducted in the USA. There has been a corresponding growth
in the opposition to outsourcing, especially since it is not just low-wage
manual labour jobs that are being shipped out to India. There is much
pressure on governments to ban it altogether.
However, research shows that for every dollar that moves out of the USA,
an additional $1.20 is created. The company can plough this money back
into the American workforce, through expansion and by diversifying their
enterprise. This will lead to the creation of more jobs in the USA. Not
to mention, of course, the gains brought in by efficiency and market competitiveness.