The enormous demand for steel by the US armed forces in Vietnam paved the way for Japan’s small steel industry to grow several fold during the early sixties.That,in turn, created the opportunity for Toyota and Honda to penetrate the US auto market.
A similar opening is being provided to the Indian Services providers by the mad rush into Iraq by successive Republican administrations.While one could say that call centers in Bangalore evolved from some of the needs of our markets,their growth and diversification into markets not foreseen ten years ago is making the growth of India’s service industry inevitable.
Two very well publicized instances will suffice.Large legal firms based in new York and Washington are retaining Indian lawyers to prepare briefs at a fraction of the costs incurred here.Large pharmaceutical firms like Eli Lilly and Pfizer are outsourcing their research and drug discovery programs to Indian firms.Once again the driving force is lowered costs.
Even though the war in Iraq has not directly created this problem, its indirect impact on costs is what is driving the exodus of these services to India.And the tail end of the services tsunami has not begun yet.I mean the outsourcing of medical care to medical centers in India is just beginning and will reach tidal wave proportions within the next decade.
Any sentient being can see that the wars launched by the Republicans have managed to deliberately impoverish the nation even as they keep boasting that that they have made the country secure.