The $150 billion Indian tech industry was created in part by U.S. companies outsourcing information technology work and software development. Now a combination of automation, oversupply and U.S. immigration policies have led to layoffs and concerns about the future for India’s IT giants. One of those is Bangalore-based Infosys, which is credited with essentially creating the city’s middle class. Rollo Romig wrote about Infosys and the Indian IT economy for the The California Sunday Magazine. Marketplace Tech host Molly Wood spoke with him about the headwinds facing IT in India now.

The $150 billion Indian tech industry was created in part by U.S. companies outsourcing information technology work and software development. Now a combination of automation, oversupply and U.S. immigration policies have led to layoffs and concerns about the future for India’s IT giants. One of those is Bangalore-based Infosys, which is credited with essentially creating the city’s middle class. Rollo Romig wrote about Infosys and the Indian IT economy for the The California Sunday Magazine. Marketplace Tech host Molly Wood spoke with him about the headwinds facing IT in India now.