Launching money into space is unlikely to help the situation.
That's about what it feels like dealing with comp over there. It's really insane. Great for the locals. Frustrating trying to hire and retain them from the US.
How high are they?
I haven't hired a developer in Bangalore in a few years now, but talking to colleagues, salaries are up 30% or more in the last 18 months. Enough so that our comp charts are way off and unusable.