Wednesday, March 26, 2025

Fwd: The Morning: A hiring binge abroad


Pete

Begin forwarded message:

From: The New York Times <nytdirect@nytimes.com>
Date: March 26, 2025 at 6:41:45 AM EDT
To: peteandtess@gmail.com
Subject: The Morning: A hiring binge abroad
Reply-To: nytdirect@nytimes.com

India's hiring binge

Author Headshot

By Alex Travelli

I cover business and economics in South Asia.

The biggest companies in the United States are on a hiring spree in India. They are building hundreds of overseas office parks. These aren't call centers — they're offices for Indian professionals employed by global companies to perform advanced tasks that, not long ago, Americans would have carried out. There are already 1,800 of these centers, and the rate of growth is doubling. They will soon employ two million Indians.

President Trump wants to restore American manufacturing. He is preparing to impose tariffs on India, a move that he says will bring jobs back and close a $46 billion trade deficit.

But tariffs reduce trade by making goods more expensive; they don't affect services or offshoring, the practice of hiring workers overseas. Visa restrictions are equally irrelevant. The roles at these new centers are not for immigrants. They're for people who want to stay in India and work for American companies.

Today's newsletter is about a new kind of offshore office park. Here, Indian workers are doing the kind of jobs that American workers envy — for American companies. We'll cover the firms that are building them and the professionals who now staff them.

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