IT outsourcing and India

I had lunch with Nitin and Nisheeth after the Europe career fair. We had a little talk about the outsourcing thing. It's interesting to know that the salary for an average (5+ yr) programmer in India is 50+ k USD/yr. This is quite high in my opinion. If this is really true, it will definitely will slow down the IT outsourcing trend. (note: the pay for an average programmer in China should be around 10k USD/yr).

This is somewhat related to the thesis topic I want to do, IT outsourcing and its trend. Oh, well, I still haven't decided yet. We'll see what will come up in the thesis seminar this Tuesday.