Offering a bit of reprieve at least for now, the Donald Trump government in the US has stepped back on its proposed H-1B visa regulations that would have led to hundreds of thousands of Indian IT professionals returning home. US authorities on Tuesday said that the Trump administration is not considering any proposal that would force H-1B visa holders to leave the country.
It is important to come to terms with the reality of lack of employment opportunities for locals in the West. It is time to take the US H-1B visa regulations as a wake-up call and for the Indian IT sector to start talking about the opportunities of hiring from the West so as to have a win-win situation abroad, suggests Sanchit Vir Gogia, Chief Analyst, Founder and CEO of Greyhound Research. “Why should we wait for the West to mandate us? Let us be proactive and take the first step,” he said.
Any industry competes with its counterpart in the country and abroad. “We should start aggressively our agenda on the competition. Let us get into co-opetition – cooperative competition. Cooperate with the right partners in the region,” says Gogia.
There are other markets that India could look at. “Near-shoring would be the way to go about it. Let us work in places like Mexico, Canada, Belgium, etc, to deliver our services,” says Gogia.
Copyright © 2018 Greyhound Research. All rights reserved. You may share this research note using the options made available. Please don’t copy this research note (complete or parts) and distribute over the web and emails. Connect with us if you need clarifications.
Have a question on this or other technology and innovation topics? Wish to understand what this means for your business? Click here to engage with a Greyhound Analyst.
Like this insight? Sign up for our newsletter to get our latest insights.
Wish to read more such Insights That Inspire? Access scores of other Free, Freemium and Premium Insights from the menu above.
Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Knowledge Group, a Global Strategy & Transformation Research, Advisory & Consulting Firm. To read more about him, click here.
Note for IT Decision Makers – Join Our Exclusive Community! Greyhound Research values your opinion and invites IT Decision Makers and Business Leaders involved in IT projects to join our exclusive, invite-only Greyhound Golden Gate (GQube) Councils. If your project is exclusive and we have your permission, we will write a research note about you and share it with the larger community. Over and beyond, this also gives you access to some of our thought-leading research and analysts. Please write to us on email@example.com and we’ll take it further from there!
Note for IT Vendors, Telecom Operators and Channel Partners – Did you see our Research Agenda? We have organised all of our insights in a way that allows you to better filter and read what works best for you. Please write to us on firstname.lastname@example.org and we’ll gladly share a copy of the research agenda with you.