Donald Trump’s big win in US presidential election and Brexit can pose serious implications to the developing nations, especially India. The Indian IT sector is watching Trump’s move closely as he vowed to protect and bring back jobs to Americans, in his 15-point agenda. In this backdrop, Infosys CEO Vishal Sikka said the protectionist rhetoric shouldn’t be taken lightly as it will have serious affects on the Indian IT sector.
"The statements they have made are obviously very serious about the nature of our business,” Sikka said in an interview. He said Infosys must deal with the outcomes of the protectionist impulses in Western nations as they contribute to revenues for Indian IT companies in a big manner.
"The statements they have made are obviously very serious about the nature of our business. We have to be prepared to deliver value under these circumstances. It is within us to do that; we can do that. Trump's election on November 9 has sent shivers through the Indian IT sector,” said Sikka.
The Indian IT sector is worried as Trump might put more restriction on H-1B visa programme, through which more and more skilled Indians go to the US for work. In Britain, which voted to leave theEuropean Union , the minimum salary for a professional on work visa has been raised by around 50%, although the impact of this move is expected to be limited.
(image: Indiatimes)
"The statements they have made are obviously very serious about the nature of our business,” Sikka said in an interview. He said Infosys must deal with the outcomes of the protectionist impulses in Western nations as they contribute to revenues for Indian IT companies in a big manner.
"The statements they have made are obviously very serious about the nature of our business. We have to be prepared to deliver value under these circumstances. It is within us to do that; we can do that. Trump's election on November 9 has sent shivers through the Indian IT sector,” said Sikka.
The Indian IT sector is worried as Trump might put more restriction on H-1B visa programme, through which more and more skilled Indians go to the US for work. In Britain, which voted to leave the
(image: Indiatimes)
