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The Bangalore Blog: Boom or Doom? Tracking India's Silicon City's growth pangs.
Tuesday, August 24, 2004
Lou Dobbs takes on Bangalore
Press Trust of India
A leading figure of the anti-outsourcing movement in the United States has warned American companies against sending jobs offshore saying by doing so they are firing their own customers.
Lou Dobbs, a CNN commentator, who has become a leader of the anti-outsourcing movement, has a new theme in his new book: Look out, Silicon Valley! Bangalore is gaining on you!
Warning US corporations who send jobs offshore, Dobbs said by doing so the companies were firing their own customers because American workers would eventually find themselves unable to purchase the goods and services being exported back to America by American companies.
"Some folks in India believe that their country's version of Silicon Valley has already surpassed its California counterpart as a centre for high-tech employment," he writes.
"American companies have been all too happy to answer India's siren call of educated English speakers willing to work at some of the world's lowest wages," he says.
Dobbs' new book is titled:Exporting America.
posted by The Bangalorean @8/24/2004 01:27:00 PM 0 comments
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Point to Ponder
- What do you call a congenial, captivating, cosmopolitan confluence of software and shopping malls, electronics and environment friendliness, salubrious climate and cleanliness, modern outlook and old worldliness, precision engineering and pubs? You call it India's best city for business. It is also called Bangalore.
Opening lines of Business Today's survey on India's best cities for business, December 1998.
Does Bangalore resemble any of this today?
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- "We neglect our cities at our peril. For, in neglecting them, we neglect the nation."
-John F. Kennedy
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