Specious reasoning here. Yes, India has a higher rate of growth than the US, but they are also poorer and will remain so for the near future.
It's not an entirely bad idea, as living in another country is probably a worthwhile experience, especially rapidly developing country like India. But it's not a great career move in and of itself, nor is it that much better an idea because of the recession (unless you have no real prospects for enough income to stay in your home country and want a cheaper country to live off your savings in until the storm passes, but most people in that situation go for someplace like Costa Rica.)
It's not an entirely bad idea, as living in another country is probably a worthwhile experience, especially rapidly developing country like India. But it's not a great career move in and of itself, nor is it that much better an idea because of the recession (unless you have no real prospects for enough income to stay in your home country and want a cheaper country to live off your savings in until the storm passes, but most people in that situation go for someplace like Costa Rica.)