Yep. I'm 4 years exp software engineer in the Bangalore/Indian startup ecosystem. I don't doubt that the services sector is declining but there's a decent talent pool. At the same time, a good number of American Product companies/High-Valued startups have opened up their Indian counterparts to produce software that's super costly to build in the US.

But, I do hope that we shift our focus inward rather than towards US or somewhere. There must be enough demand as it is in India.