When the indian outsourcing upstarts came on strong five years ago, it looked as if some giants of the $600 billion tech services industry would fall like top-heavy palm trees in a Category 4 hurricane. The Indians' combination of high quality and super-low cost flattened the stock prices and revenues of companies such as EDS, BearingPoint, and Capgemini. Even mighty IBM, the No. 1 tech services player, has struggled to rebound.
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