Indian tech outfit outsources to US

Apparently Wipro is being hit by the rising cost of engineers in Bangalore and no longer benefits from a cheap rupee.

Instead it is cheaper to buy US firms and establish manufacturing and research centres across the country.
Once a writer in Globalization wrote that time will equalize the playing field in global economic arena. Has this already been started? Or is this only an isolated incident to ignore?

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Indian tech outfit outsources to US

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