NewsX view: Obama's win crucial for India - NewsX

Barack Obama today won a second term in office overcoming a stiff initial challenge from his Republican rival Mitt Romney after clinching convincing victory in the crucial state of California. Obama's re-election will prove to be crucial for India-US ties too. Leaders of India Inc on Wednesday welcomed the re-election of Barack Obama as the US President saying that continuity will be good for bilateral relations, but some of them expressed concerns over the outsourcing issue.

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