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India Will Need to Recruit 120,000 Foreigners

Posted by Zonk on from the importing-foreigners dept.

indi_jobs writes "After all the noise about jobs moving from Europe and USA to India, ZDNet India is reporting that 'India faces a massive shortage of workers with European language skills over the next five years which could see the country needing to recruit up to 120,000 foreigners...' Looks like the jobs may be moving to India but they might require the original people to do some of the jobs!" From the article: "Evalueserve said the ramping up of non-English speaking capability by the Indian offshore firms is an attempt to capture a larger share of the continental European outsourcing market, and reduce the country's high-risk exposure of more than 80 per cent of business coming from the UK and the U.S. economies."

1 of 453 comments (clear)

  1. Re: blame not the CEO... by mangu · · Score: 1, Offtopic
    making decisions to obtain short-term savings and line my own pockets at the expense of long-term viability


    You mean American farmers, right? Because the USA and Europe protect farmers in countries that aren't really adequate for farming. Why plant sugarcane in Louisiana, oranges in Florida, or coffe in Hawaii, when the best place for those is in the state of São Paulo in Brazil?


    And it isnt'only farming, obsolete industries in the "rust belt" also get subsidies. Brazilian steel exports must face heavy tariffs and non-tariff barriers in exporting to the USA.


    So, look at the long term consequences. The Brazilian real has a lower than normal exchange rate against the US dollar. This means that Brazilian agriculture and steel companies can compete in the USA.


    OTOH, high technology companies in Brazil get an extra boost in their exports. With a favorable exchange rate and not having to face high barriers in exporting, the Brazilian aviation industry is able to compete very favorably against the American general aviation industry.


    By protecting farmers and old steel mills you are keeping those low-paying jobs in the USA and exporting sophisticated technological jobs to the third world. Now, what exactly is sanity and what is greed?