Prime Minister Manmohan Singh said that India does not see outsourcing as an issue in its relations with Washington and hoped an objective view will emerge on the backlash against it in the United States.
"We do not see outsourcing as an India-US issue," he said in an interview to Financial Times emphasising that efforts to link outsourcing to possible conditionalities contradicted the momentum of globalisation and trade liberalisation.
Outsourcing and India: Complete Coverage
"We believe that outsourcing is mutually beneficial and an integral element of globalisation. It is based on basic economic principles and premised on competitiveness and comparative cost advantages," Singh said.
On the backlash against outsourcing, the prime minister said, "I do hope that objective view will emerge, which will see this as a win-win situation for both countries, and, in fact, for all countries involved."
He said any suggestion that outsourcing is an effort to attract jobs away or to deprive workers of their livelihood too contradicts trade liberalisation.
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