[India tech] shortage means something feared here: higher wages [+quality problems] ... [but static / declining wages in US ...ergo NO SHORTAGE?! ed.]

India High-Tech Industry Out of Workers | Apr 7, 12:13 AM (ET) | By TIM SULLIVAN [eWeek]
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Nearly two decades into India's phenomenal growth as an international center for high technology, the industry has a problem: It's running out of workers.

There may be a lot of potential - Indian schools churn out 400,000 new engineers, the core of the high-tech industry, every year - but as few as 100,000 are actually ready to join the job world, experts say.
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On the most basic level, it's a problem of success. The high-tech industry is expanding so fast that the population can't keep up with the demand for high-end workers.
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A shortage means something feared here: higher wages.
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India has technical institutes that seldom have electricity, and colleges with no computers. There are universities where professors seldom show up. Textbooks can be decades old. ...