Does india has the best of managers across the globe

Do we have the best managers.. Et thinks so
it says in one of it's articles..

the IT-BPO industry is expected to recruit about 400,000 people this year, with the bigger companies each adding tens of thousands of employees. The tasks of screening, selection, training and retention/motivation of such a massive number of new recruits is a managerial task of considerable complexity. There is also the challenge of retaining the organisation’s core values and culture, when about a third of the employees are new recruits. Managing a global work force is another facet that, though new, is being well handled.

Over the years, IT services and BPO sectors have evolved, adding more complex and mission-critical tasks. Product development and IP creation has grown, and new segments — like engineering services, remote infrastructure management, animation and gaming — have emerged. The evolution of the industry, in a very short period of time, and integrating a variety of professionals — researchers and creative people, for example — has required dexterous management.

Handling the recession and the back-lash against out-sourcing in the US a few years ago, creating a large-scale BPO sector, converting an economic slowdown in major markets into a growth opportunity for outsourcing: these were possible only because of nimble and resilient management.

Source : http://economictimes.indiatimes.com/View_Point/Indias_secret_resour...

Would you agree with it or u think some share can be given to executives as well..