[plinkplonk]

"Thus most of blog posts which talk about management mismatch and shitty projects are working with bottom 30% of the talent pool."

This is complete nonsense (I speak as an Indian developer who lives in India). Multi billion dollar companies like TCS , Wipro etc are full of teams with low quality developers, "architects" who haven't coded in years but know all the buzzwords and many managers, and lots and lots of heavy processes (ISO CMM anyone?). They pay developers little and managers a lot so guess what the incentives are?

If you must outsource to India (and there are very very good reasons not to), the best option is to outsource to someone you know personally and you can handle the work. If you don't know anyone in India and must outsource anyway try someone small and (relatively) capable like ThoughtWorks.

Stay away from the TCS/Wipro/Infosys/Cognizant bodyshopper crowd. Those are for big corporations who have more money than sense.