Indian election: What does it mean?

Will an apparent upset in India's parliamentary elections affect the pace of U.S. outsourcing?

I wonder whether the preliminary results of IndiaÂ’s parliamentary vote will impact the country's future as an outsourcing hotbed. Looks as if the ruling BJP is going to lose a lot of seats to the Congress Party. Could that result in a cooling--or even reversal--of India's welcoming stance on foreign-owned companies setting up shop?

Floor is open. Who will last the tango? Meanwhile good news on the jobs front in Silicon Valley. After announcing a helluva strong quarter, Cisco announced plans to hire up to 1,000 salesmen and engineers--mostly in the United States.

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About the author

Charles Cooper was an executive editor at CNET News. He has covered technology and business for more than 25 years, working at CBSNews.com, the Associated Press, Computer & Software News, Computer Shopper, PC Week, and ZDNet.

 

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