Obama acknowledges US dominance is on the decline and also admits that India is a crucial factor in overall world growth. He also pleaded the Indian businesses to create jobs and successfully managed to sign for creating 700,000 jobs in the US. Rewind to 1990s-2000 era when Indian businessmen used to do the same and negotiated with US companies to create jobs in India. Life has come a full circle and this trend of India creating jobs overseas will only increase. I hope Indians will now realize that they are not just a cost arbitrage market but provide immense value to other countries. Hope this will also increase and improve confidence of Indians in their own capabilities, skills and expertise.
Did any one ever think in 2000 that India will help create jobs in US. Now that is the power of the Indian market and Indians overall.
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- Manoj
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