livingdead
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bulk of revenues of IT companies in India comes from offshoring, not bodyshopping.. in fact most companies will love to offshore work as it gives them pretty good margin. Only people who will lose out will be individual professionals who want to go to USA. but then visa cannot be demanded, its upto host country to decide.Too much abuse is an understatement.
In any case, if Indians can sit in India and make money remotely - who am I to argue?
They will probably need less money anyway (lowering rates) so - win-win for everyone.
Unlike manufacturing, nearshoring of services will be very difficult, as its a matter of pure numbers.