What the H1B Visa Proposals Mean for Indian IT Firms
by N.S. Ramnath
Thursday, May 30, 2013 | 11:13:09 PM
Some of the proposals related to H1B visas in the US Senate’s comprehensive immigration bill have triggered a sense of panic among Indian IT services companies. If passed, the IT companies fear they will have to spend more, sacrifice margins and perhaps even lose the competitive advantage. Nasscom, the lobbying body of software companies in India, has argued that the proposals are discriminatory and go against the idea of free markets. Its officials hint about a trade war between India and the US over this issue. The truth, as always, is more complex.
by N.S. Ramnath
Thursday, May 30, 2013 | 11:13:09 PM