Global outsourcing benefited US firms: Nasscom- Hindustan Times

Indian IT industry body Nasscom has reacted cautiously to US President Barack Obama's remarks on outsourcing, saying global outsourcing had benefited US firms that generate over 50 per cent of their business overseas."American companies generate more than 50 per cent of their business outside the US. Their workforce is global. To be globally competitive, they also depend on globally shared services," Nasscom president Som Mittal told IANS on phone from the US.

Global outsourcing benefited US firms: Nasscom- Hindustan Times