Treat visa of IT professionals as a trade issue: India to US

Software exporters TCS, Infosys, Wipro and others send employees to the US to service clients. The US accounts for about 65% of their revenues.

Treat visa of IT professionals as a trade issue: India to US
NEW DELHI: India has asked the US to treat the issue of visa for IT professionals as a trade-related one rather than an immigration issue.

During a meeting of the Indo-US Joint Working Group on ICT (Information, Communication and Technology), held in Washington last week, Indian and US officials discussed the issue of visa for skilled IT professionals.

"During our meeting with the US officials we asked them to consider the visa for IT professionals as a issue relating to trade in services rather than an immigration issue," Department of Electronics and IT Secretary R S Sharma told reporters here.

Indian software exporters TCS, Infosys, Wipro and others send employees to the US to service clients. The US accounts for about 65 per cent of their revenues.

The proposed Border Security Economic Opportunity and Immigration Modernisation Act 2013, requires firms to reduce their visa dependence workforce over the next few years. This will force Indian companies to hire local talent in the US at higher cost.

Many fear that the Bill, if passed in its current form, would hurt the margins of the Indian IT sector.
ADVERTISEMENT

Sharma today met with the US Ambassador to India Richard Verma and signed a joint declaration of intent for cooperation in the field of Information & Communications Technology and Electronics (ICTE) between both the countries.

"This step is likely to increase the partnership between both the countries on the Digital India programme, electronic manufacturing, cyber security and other related fields," Sharma told reporters after signing the declaration.

"The declaration adds to the natural convergence between both the countries and will strengthen cooperation between industries in the ICTE sector," the Ambassador said.

The joint declaration of intent made for a period of next five years will help in strengthening industrial, technological, research & innovation and economic cooperation between India and US in the ICTE sector.
ADVERTISEMENT

It would also lead to US firms exploring opportunities for collaboration in Digital India, electronics manufacturing and human resource development, through cooperation among private and public entities in a focused manner under the umbrella of the ongoing India-US ICT Dialogue, Sharma said.

He said the meeting of the Indo US Joint working Group on ICT was held in Washington last week and the next meeting is scheduled to take place in India in the next six months.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
For Obama, Indian parade may be a bit too breathtaking
1/6
Text: Reuters

It may not rain on Barack Obama's parade when he comes to Delhi for the Republic Day celebrations at the invitation of PM Narendra Modi, but judging by the smog cloaking the capital city on January 22 as motorcycle stunt men rehearsed for the January 26 event, the city's notorious air pollution could be a problem.
Text: Reuters

It may not rain on Barack Obama's parade when he comes to Delhi for the Republic Day celebrations at the invitation of PM Narendra Modi, but judging by the smog cloaking t..
Read More
The U.S. embassy denied media reports that the outdoor programme for Obama's visit, his second after a trip in 2010, would be curtailed if the bad air persisted.
The U.S. embassy denied media reports that the outdoor programme for Obama's visit, his second after a trip in 2010, would be curtailed if the bad air persisted.
The embassy's monitoring station recorded an Air Quality Index reading of 252 on January 22, making the city's air 'very unhealthy', according to a scale devised by the Environmental Protection Agency.
The embassy's monitoring station recorded an Air Quality Index reading of 252 on January 22, making the city's air 'very unhealthy', according to a scale devised by the Environmental Protection Agenc..
Read More
Weather forecasters expect the index reading to be around 200 when Obama visits, in line with recent years, although accurate predictions will not be available until three or four days before.
Weather forecasters expect the index reading to be around 200 when Obama visits, in line with recent years, although accurate predictions will not be available until three or four days before.
Obama's attendance will be a first for a U.S. president at an event more closely associated with India's non-aligned past and friendship with the Soviet Union.
Obama's attendance will be a first for a U.S. president at an event more closely associated with India's non-aligned past and friendship with the Soviet Union.
In 2010, the event was wreathed in thick fog that obscured the view for the guest of honour, the then president of South Korea.
In 2010, the event was wreathed in thick fog that obscured the view for the guest of honour, the then president of South Korea.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

Related Companies

More from our Partners

Loading next story
Business News › NRI › Visa and Immigration › Treat visa of IT professionals as a trade issue: India to US
Text Size:AAA
Success
This article has been saved

*

+