Mumbai: Barack Obama once again harped on America's outsourcing woes as he accepted Democratic Party's nomination for US President, becoming the first US citizen of black origin to get presidential nomination in US history.

He also made history by his open stance against outsourcing of jobs by US companies at the cost of US workers – a stance that will create ripples across  Indian IT companies.

In his acceptance speech in Denver, Obama indicated that he would not let American jobs go abroad and would eliminate tax breaks for companies that outsource jobs.

Major Indian IT firms, as also industry body NASSCOM, however, left it to American firms rather than commenting on Obama's statement.

Infosys, on the other hand, said the company is not concerned as what was on offer for US firms couldn't be resisted. Outsourcig has only enhanced America's position and I am sure policy maker's appreciate it.

He also commented on Indian medicine sales in the US, saying, ''We can't have medicines that are actually making people more sick instead of better because they're produced overseas.''

''Four years ago, I stood before you and told you my story - of the brief union between a young man from Kenya and a young woman from Kansas who weren't well-off or well-known, but shared a belief that in America, their son could achieve whatever he put his mind to,'' Obama said. ''It is that promise that has always set this country apart,'' he added.

Obama also spelled out a number of remedies he would offer the working class feeling the squeeze of a stagnant economy: Ending tax breaks to corporations that send jobs overseas; eliminating capital gains taxes for small businesses and high-tech start-ups; and tax cuts that he said would benefit 95 per cent of working families.

Blaming much of America's ills on the White House policies, he said these would continue  under Republican hopeful John McCain as well.