As we foresee more American companies heading towards India for Investing, the cut in H1 Visa would no longer be a panicky issue. However there's a great awareness required for wide-spread IT literacy in India. Industry need not consider IT as a niche segment.On one hand, Internet is becoming a new vehicle for Diplomacy with the where various examples seen on internet shows the results. China has chosen quiety to remove Sikkim as a seperate country from its website to indicate the change and the decade old border conflicts ends with a small tweak in cyberspace. Earlier too, the Iraq war sparked off an online game at http://www.idleworm.com where toppling Saddam was easy part of the game. The risks of war were highlighted. Even the Infosys company quietly chose their to publish their statement against the sexual harrassment case. And there, the so-called Salam Pax, an mysterious Iraqi wrote a weblog from Baghdad making a sensational news reporting rare eyewitness accounts of war.
So, quite obvious, Indian companies yet need to brace up to face challenges.