India: Local media predict what an anti-immigration Trump means for IT workers
INDIA is trying to divine what a Donald Trump presidency means for India’s expat IT workers following his inconsistent statements on immigration; during his campaign trail, he has blamed India and China for “greatest job theft” ever to befall Americans.
The president-elect’s position on low-skilled migrant workers from countries like Mexico is unambiguous. But Trump has flip-flopped repeatedly on the H-1B program, which grants temporary visas to non-immigrant workers from abroad.
His most recent pronouncement seemed to suggest that his administration will not be friendly to the stream of Indian tech workers flowing to Silicon Valley. With the U.S. accounting for 50-60 percent of the revenues of Indian IT companies, that could spell problems for an industry already underperforming.
“The Trump administration’s protectionist views would have a further dampening impact on growth prospects, if the views were to crystalize into some serious policy implementations,” Arup Roy, research director at Gartner, told the Financial Express.
IT industry body Nasscom’s president R Chandrashekhar told The Economic Times that he is hopeful that some of the rhetoric from the campaign trail may soften once the new administration gets a chance to look at the books and realizes the benefits skilled Indian workers provide. “There’s no need for alarm at this stage,” he said.
India’s Chief Economic Adviser Arvind Subramanian told the Advancing Asia Conference that Trump’s rhetoric was worrying for India’s export led growth and Peter Bendor-Samuel, founder and chief executive of global outsourcing advisory Everest Group, told the Business Standard any Trump-inspired reform of immigration was likely to be bad news for Indian outsourcing.
Donald Trump elected U.S. President ! Hopefully it will not create any problem for Indian Americans ! He accused India for theft of jobs.
— Shakeel Ahmad (@Ahmad_Shakeel) November 9, 2016
But writing in Livemint consulting editor Sundeep Khanna said most of Trump’s rhetoric was bluster because the US tech sector is dependent on Indian engineers.
“The plain fact is Indians don’t take up jobs that should have gone to Americans. Rather they do the jobs not enough Americans are qualified to do,” he writes.
- Grab stronger than ever as its secures another $200M backing
- Burberry snags Tencent to power its first ‘social retail’ store
- How disastrous would a TikTok ban be for TikTok for Business?
- China’s PBoC urges digital payments antitrust probe on Alipay, WeChat Pay
- The Philippines’ new cashless culture is going back to school