Thursday, January 12, 2017

Trump means business: Indian ITeS export to be hit

Trump says that outsourcing business in U S will go. Trump administration will bring amendments to the existing H1B visa rules, raising minimum salary from $ 60,000 a year to  $1,00,000 which is going to hit the Indian ITeS industry very hard. 

Indian ITeS exports major like TCS, Infy, Wipro and others either have to increase the salary H1B employees deputed to US or search for local talent. This option will take a toll on their bottom line and business competitiveness.

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