I find the feats attained by the Indian outsourcing industry truly inspiring. Over the last decade, India has been the leading offshore destination for global IT and Business Process Outsourcing (BPO) industries.

This is due to its huge pool of highly educated, unaccented English speaking workers who are willing to work for a fraction of what their European counterparts are paid.

You can't help being awestruck when you consider that these industries have transformed India from a slow-growth economy with a recurring balance of payments problems to a fast-growing economy.

Doesn't it sound fantastic that India's off shore industry earns foreign exchange revenue of about US$ 6 billion and employs about 350,000 people?