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India Inc HAPPY with Obama's win; outsourcing still a worry

Leaders of India Inc on Wednesday welcomed the re-election of Barack Obama as the US President saying that continuity will be good for bilateral relations, but some of them expressed concerns over the outsourcing issue.

"This is a good development for India. Between two large economies there will be issues and concerns.

"Outsourcing is also a concern and I hope it will be addressed soon," Godrej Group chairman Adi Godrej told reporters on the sidelines of the World Economic Forum on India in Gurgaon.

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Photograph: Pete Souza/White House Photo
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