But good for the people running the consulting companies, and their friends in politics.
These vilified IT sweatshop jobs were and remain stable paths to the middle class for young Indians growing up in poverty.
It’s only recently that India started to produce high-quality startups, because they had already built a base with the low-hanging fruit first.
P.S. - I’m not Indian.
The consulting companies kick started the engineering base that eventually led to MNCs/big tech setting up offices in India, and the broader startup ecosystem today.