I think that you can safely say that the contracted companies will only be doing the real-time programming aspect of the gameplay. Overall design would be held by OWI. It's quite common in Software Engineering to contract out the hard work to cheap labor in India.
That said, we don't know yet whether level design would be kept internal or done by the RT teams.
++The contractors would probably be doing the CG as well but that's another matter.
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Spending as long as I do here, it's easy to forget that Oddworld has actual fans.
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