Nothing to worry: Karnik

Unfazed by mounting backlash against outsourcing, Nasscom president Kiran Karnik on Tuesday said there is nothing to worry and asserted the cancelled contract of Indiana state of US would be refloated again where outside companies including TCS could bid. 8216;8216;There are certain short term problems8230; We are carrying out talks and negotiations. In the US, it is being done by US IT associations and US chambers of commerce.. But on the ground level there is nothing to worry8217;8217;, Karnik said on the sidelines of a meeting with a delegation of US congressional members. 8216;8216;It is not complacency, but I do not see any long term problem over opposition to outsourcing. Economic sense will prevail8217;8217;, he said. He said the 15 million Indiana State contract would be floated again and every concerned party could bid including TCS. It may be recalled that TCS had earlier won that contract. PTI