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Shalom Bombay

Israel the latest tech market to feel the offshoring sting?

Charles Cooper Former Executive Editor / News
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.
Charles Cooper
KeralaNext.com: BOMBAY - Israel is keen to strengthen a small-but-growing partnership with India in high-technology and is set to sign a bilateral agreement to boost joint research and development, Israel's deputy prime minister said on Monday. Ehud Olmert also sought to allay fears among Israeli business leaders that closer ties with India would lead to a loss of jobs.

"I don't think that at this point in life that this is a major problem for life in Israel," he told a news conference in Bombay.

Maybe so, but seems I recall reading similar remarks by sundry American politicans when offshore outsourcing began to gain popularity with U.S. corporations.