Image by Getty Images via Daylife

What if USD actually correct

We have seen what happen when USD touched 40 Rs/ Dollar, from textile companies to software to BPO's came under sever pressure. The chances are that the USD will correct again due to following reasons
higher growth in India
Excess liquidity in US
Money chasing growth and higher returns and hence investing in India and other emerging markets
If Indian Rupee does appreciate then some of those companies can come under pressure again.

This can be an opportunity

A slowdown in US economy can be an opportunity for India as most of the companies will look to cut cost and look to out source ancillary businesses.

Related articles by Zemanta

• Indian IT exports projected to grow in single digit (taragana.com)
• Obama's tax plan not seen hitting Indian outsourcing (taragana.com)
• Mahindra & Mahindra Wants to Beat Chinese to US Auto Market (businesspundit.com)