Indian programmers are far better for being on time, following design guidelines, documentation, etc....also absolutely correct.
However (and you knew there was a 'however' coming.....)
My experience with any Indian workers - programmers, helpdesk, etc - is that so long as you "stick to the script" and tell them exactly what is desired, you won't find a better bunch of employees anywhere. Unfortunately, as soon as there's even a minor deviation...even so much as asking "well, what do you think?" ....forget it.
So long as my job requires independent thought and creativity (it does), I'm not overly worried about the prospect of being outsourced. However, the kid in my department who checks backups and does data restores....stuff that could be scripted in a day or two of documentation and training....I'd be worried if I was him. Particularly since he thinks that he's the only one who can do it, and doesn't have a whole lot of initiative to take on other projects.
I have programming work done regularly by freelancers.
US-based programmers are overpriced and do incomplete work, on balance. My direct experience is that a domestic programmer is an underachiever, who will deliver an even amount of results and excuses.
I have hired programmers in India, Pakistan, and Nigeria - all did outstanding, complete work quickly. No excuses from them. My direct experience has been excellent. I use them more consistently - and reliably - than any US based programmer.