People in Bangalore need employment just like people in Brussels and Beloit. And the $50 billion going to India through outsourcers helps them out.
But what about the people in Beloit, or Farmington, or any other struggling small town?
They can take back part of the IT outsourcing market. Because they have probably only taken back less than $100 million, a lot of potential exists. Workers in America's heartland are paid more than workers in Mumbai, but the two options are similar in overall cost.
The fascinating details are found in this BusinessWeek article: