Outsourcing is good for US economy: Ballmer
Ballmer, however, felt the attitude (against outsourcing) has improved over the last year.
By PTI |
NEW DELHI: Favouring large-scale outsourcing of software services and R&D works to countries such as India, Steve Ballmer, CEO of the world's largest software company Microsoft, has said the US stands to benefit out of this.
"We will have to increasingly bank on India for scaling up our operations to rise on the next wave of innovation. So, outsourcing is here to stay. I have always stated that the so-called outsourcing is good for the US economy," he said while delivering the fifth Madhav Rao Scindia Memorial lecture yesterday night.
"With the US government making it more difficult for people to come into the US from outside, it puts in pressure on companies like ours to relatively grow our talent pool in India even faster. About 18 per cent of our engineers in Seattle are Indians," he said.
Ballmer, however, felt the attitude (against outsourcing) has improved over the last year.
Based on a Global Delivery Centre (GDC) model, the 23-billion dollar Indian software services industry thrives on the offshore business. But this has led to a backlash in many countries, including the US, as a result of local job loss.
Ballmer also stressed on Indian engineering talent to redefine the software industry.
"Thirty per cent of all computer science graduates in the world are passing out of Indian universities. That puts a special responsibility on this country. The world is counting on the talent of this country to lead the next wave of innovation," he said, adding harnessing that talent, required companies to work with a big bold goal.
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