This story is not only about the booming Indian economy and its infinite potential (and attendant challenges, of course). It also addresses the assumption that sending American jobs overseas is "bad for America."
There certainly may be specific reasons not to send some work off our shores (such as data privacy concerns) but, on a broader look, globalization and trade with countries such as India will bear out to be a good thing.
Link: India: Asia's Other Superpower Breaks Out - Newsweek: World News - MSNBC.com.
"Over the last 60 years, manufacturing employment in the United States has plummeted as those industries went abroad—and yet average American incomes have risen to be the highest in the world. Over the last 20 years, as globalization has quickened, American companies have outsourced first goods, then services—and American incomes have risen faster than those of any other major industrial country. Banning auto-parts factories or call centers will not save General Motors. Globalization highlights some problems for America, but the solutions are all at home. As they have in the past, Americans must—and can—make goods and services that people will pay for freely, not because the government forces them to by shutting out the competition. That is the only stable path to economic security."
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