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(From The Economic Times)
If you thought that the name Silicon Valley was used for Bangalore just out of nationalism, think again. Actually, the term has become more widespread now than ever before.
The anti-outsourcing brigade seems to have come to terms with the fact that outsourcing is inevitable. Not only that, it is logical too.
Professionals working in Silicon Valley admit that outsourcing is good for business at least in the short term. Most executives recognised that what's good for business may not be good for creating jobs. Job growth continues to lag behind expectations of a few months ago, perhaps because companies are turning to other …