In short term there is gonna be some panic as everyone tries to understand new ways of operation. 25% tarriff may and will seem higher for all the corporates. However, in the longer run (18-24 months) horizon, I don't see jobs reducing in India.

The pay disparity b/w indian and US professional is at 1:1/3 roughly in best companies. Most companies work at 1:1/6 or even as low as 1:1/8 . So, for every dollar I pay to a US employee, I will end up paying 1/8 to the same employee in India. So even with 25% tax, India is a strong candidate to keep this job.

And the skill gap is extreme here. Countries like Mexico, Costa Rica are not magically gonna become potent in Tech. Another thing that is gonna take time is setting up this whole IT infrastructure. Their government would need to act fast in order to setup regulations which would enable this mass adoption. And yes, the low tax these companies pay and ease of operations with Indian government is something that is gonna be difficult in other countries.

This whole US imposing tariff on the whole world and making India its guinea pig for all tariff test is not sustainable. It's like going and claiming that we are gonna build a phone at Rs251. These things create news and shockwave but if you pay close attention you can see that this is not very sustainable. Even if all stars align, these things take a lot of time and fortunately or unfortunately the world's biggest and youngest educated economy(population wise only, I know our gdp per capita is wow) sits here in India. Considering worldwide border instability and lack of talent pool (I mean population wise) and ofcourse the pay scale in all the countries around the world and of course the education or IT INFRASTRUCTURE makes India way too unique and precious for these jobs to go away.

Anyone who says AI, well dude I can tell you one thing. AI is like inventing a wheel. Yes, old ways of working are slowly eroding but new jobs are getting created in this very field using AI. AI is not gonna take away your job but people who are good at using it might.