Will Obama's victory affect India in anyway like IT sectors...

Did Obama win affect India in anyway?

  • Yes, for sure..

    Votes: 6 50.0%
  • No, thats complete lameness..

    Votes: 3 25.0%
  • Who cares all about this..

    Votes: 3 25.0%

  • Total voters
    12
  • Poll closed .
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furious_gamer

Excessive happiness
As title explains everything.... What do u think abt that?
Does Obamas victory affect IT in India?
I feel Yes....
What u feel...

If u wish, post what u think....
 
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Bandu

Journeyman
Yes, it definitely will. He has Tax incentive plans for companies that will create new local Jobs and heavy taxes for companies that outsource local jobs elsewhere.

Read: *in.news.yahoo.com/43/20081105/890/twl-india-and-obama-in-a-nutshell.html
and
*www.ndtv.com/convergence/ndtv/uspolls2008/Election_Story.aspx?ID=NEWEN20080037694&
*in.news.yahoo.com/43/20081105/890/twl-india-and-obama-in-a-nutshell.html
 

Zangetsu

I am the master of my Fate.
@Rajkumar_pb: hey u have opened a similar topic thread in "Chit-Chat"

*www.thinkdigit.com/forum/showthread.php?t=101377
 
OP
furious_gamer

furious_gamer

Excessive happiness
@Rajkumar_pb: hey u have opened a similar topic thread in "Chit-Chat"

*www.thinkdigit.com/forum/showthread.php?t=101377
Sorry dude, thats an accident.. When i want to open a poll for that i accidentally press Submit button and it opens a new thread..I haven't yet noticed that...

After that i open a poll for the same thread(I think so), but the story changes...

OK.. I'll inform to admin to close the thread...
 

esumitkumar

Call me Sumit
Well I am very excited about Obama win although I am from IT :D :D :D ..
Here in US ..evrybdy is in festive mood :p
and lemme clear all he is not going to ban outsourcing..he's trying to create more american jobs in manufacturing etc sector..so IT is not effected anyway , as Narayan Murthy has said

but the best thing is

1. He will stop war in Iraq --->America Economy boost
2. He is asking Pakistan that 10 billion $ given to them..kya hua uska ? whr is Osama ? So he is tightening the noose of Pak...so less terrorism better INDIA :D

OBAMA ROCKS !!!!

Live from CNN.com

(CNN) -- Barack Obama told supporters that "change has come to America" as he claimed victory in a historic presidential election.
Sen. Barack Obama addresses a crowd of 125,000 people in Chicago, Illinois.

*i2.cdn.turner.com/cnn/2008/POLITICS/11/04/election.president/art.obama.speech.01.cnn.jpg

"The road ahead will be long. Our climb will be steep. We may not get there in one year or even one term, but America -- I have never been more hopeful than I am tonight that we will get there. I promise you -- we as a people will get there," Obama said in Chicago, Illinois, before an estimated crowd of up to 240,000 people.

With Obama's projected win, he will become the first African-American to win the White House.

Obama had an overwhelming victory over Sen. John McCain, who pledged Tuesday night to help Obama lead. Video Watch Obama pay tribute to McCain »

"Today, I was a candidate for the highest office in the country I love so much, and tonight, I remain her servant," McCain said.

McCain called Obama to congratulate him, and Obama told the Arizona senator he was eager to sit down and talk about how the two of them can work together.

President Bush also called Obama to offer his congratulations.

Bush told Obama he was about to begin one of the great journeys of his life, and invited him to visit the White House as soon as it could be arranged, according to White House spokeswoman Dana Perino.

Obama will be working with a heavily Democratic Congress. Democrats picked up Senate seats in New Hampshire, New Jersey, North Carolina and Virginia, among others.

"While the Democratic Party has won a great victory tonight, we do so with a measure of humility and determination to heal the divides that have held back our progress," Obama said. Video Watch more on the balance of power »

Flanked by American flags, Obama told the roaring crowd, "This is your victory."

"To those Americans whose support I have yet to earn -- I may not have won your vote, but I hear your voices, I need your help, and I will be your president too," he said. Video Watch Obama tell voters 'all things are possible' »

Supporters in Chicago cheering, "Yes, we can" were met with cries of "Yes, we did."

More than 1,000 people gathered outside of the White House, chanting "Obama, Obama!"

Sen. Hillary Clinton, Obama's former rival for the Democratic nomination, said in a statement that "we are celebrating an historic victory for the American people." iReport.com: Share your Election Day reaction with CNN

"This was a long and hard fought campaign but the result was well worth the wait. Together, under the leadership of President Barack Obama, Vice President Joe Biden and a Democratic Congress, we will chart a better course to build a new economy and rebuild our leadership in the world."

Sen. Ted Kennedy said Americans "spoke loud and clear" in electing Obama.

"They understood his vision of a fairer and more just America and embraced it. They heard his call for a new generation of Americans to participate in government and were inspired. They believed that change is possible and voted to be part of America's future," the Massachusetts senator said in a statement.

As results came in Tuesday night, Obama picked up early wins in Pennsylvania and Ohio -- states considered must-wins for McCain.

Obama also won Virginia, a state that has not voted for a Democratic president since 1964.

Going into the election, national polls showed Obama with an 8-point lead.

Voters expressed excitement and pride in their country after casting their ballots in the historic election. Poll workers reported high turnout across many parts of the country, and some voters waited hours to cast their ballots. Read about election problems
advertisement

Tuesday marks the end of the longest presidential campaign season in U.S. history -- 21 months.

Obama, 47, will now begin his transition to the White House. He will be sworn in at the 44th president on January 20, 2009.
 
OP
furious_gamer

furious_gamer

Excessive happiness
^^ Such a long post.... hmm... BTW its happy to hear the news but its not aceptable what Narayan Moorthy told...
Dont believe such words from Industry legends coz they prey for their own sake and hide some imp things behind the wall...

Anyway just come to topic.... Will it affect or not... I am here to take a small survey abt that...
 

Bandu

Journeyman
No matter what leaders say, IMO, the bottom line is that it will affect. Has anyone been following all presidential debates? Obama was very clear about outsourcing in (at least one of) those debates. Will post a youtube video of that when I find it.

Outsourced jobs that do not require longer learning curves for the Americans are at stake in the very near future. But, thats entirely my opinion. Some people and experts think otherwise. Its difficult to say and judge without being at the center of where all this is happening (or is supposed to happen). Maybe users feeling the heat back there in India can post some real experiences / views.

Creating local jobs does include BPO jobs. Although it will be difficult to get rid of them entirely in one shot. Getting rid of any of them would pose lots of difficulties. Foreign firms have invested a lot for all this. Who knows, it might even be impossible to do so. We can only wait and watch how things develop.
 

esumitkumar

Call me Sumit
Read this
*www.moneycontrol.com/mccode/news/article/news_article.php?autono=364636

Democrat Senator Barack Obama was elected as the first African-American President of the United States today in a historic victory over Republican Senator John McCain. A McCain victory may have been preferred by India Inc, as compared to the outsourcing backlash from Obama in the run up to the US elections. Ironically, post the Obama win, experts feel there will be no negative impact on Indian IT outsourcing. In fact, they are optimistic and don't see any immigration tightening measures and anti-outsourcing legislation.

Read more at

*www.moneycontrol.com/mccode/news/article/news_article.php?autono=364636
 

esumitkumar

Call me Sumit
^^ hahaha..T159..this statement isnt expected frm u !

Even ur beloved Japan and Korea will be affected by US ;)
 
IMO
There wont be a sudden stop to outsourcing. Yes, Obama has promised tax breaks to those who employ Americans, but even companies have to see if employing outsourced employees is cost effective or if employing Americans is cost effective. And AFAIK, its the former.
There might be a marginal slowdown in BPO profits due to Obamas statement, but nothing major will happen
 
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