New US President Donald Trump’s ‘Buy American-hire American’ rallying cry has put the USD 150- billion Indian IT industry on edge, which is in wait-and-watch mode to see how the new administration evolves policies around outsourcing and movement of skilled workers.
Greyhound Research Chief Analyst and CEO Sanchit Vir Gogia said better-skilled jobs, including coding and maintenance, are likely to remain unaffected, given their scarce availability and exclusivity.
Also, it’s critical to remember that most US-based companies — including many Fortune 500s — are deeply invested (and dependent) on Indian IT service providers and neither they nor the Trump administration is in a position to make drastic changes, he pointed out.
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