Obama saying No Bangalore Yes Buffalo will this hurt or help the industry?

Obama saying No to Bangalore and Yes to Buffalo will this hurt or help the industry?  Is that is Good thing for the Web development/Software industry?  What do you think the software industry which consists of web site making, web solutions and search engine marketing and also all kind of software product development including for any business or the software needed for telecom / cell phone are all made offshore, what kind of effect this will have you think?  Will it hurt US businesses or help them or will have no effect?  Will it have any impact on software capitol India?