"Most recently, Microsoft's plans to relocate its customer support work in Texas and North Carolina to India has raised the ire of unions such as the Seattle-based Washington Alliance of Technology Workers, which claimed that hundreds of US jobs could be lost as a result of the move.

When Oracle said last week that it planned to double its workforce in India, it took pains to add that the new jobs would not mean that US jobs would be lost. In Australia, a survey of IT managers has found that an overwhelming majority of them would not recommend IT as a career, mostly due to the poor domestic conditions caused by outsourcing"

"US banks, financial services and insurance companies have saved $6bn to $8bn in the past four years owing to IT outsourcing to India," Nasscom claimed. "Helped by these savings, companies have prevented layoffs and instead added 125,000 more jobs."