Moneycontrol
HomeNewsBusinessCompaniesWill ensure H-1B reforms don't hinder India's IT sector: NASSCOM
Trending Topics

Will ensure H-1B reforms don't hinder India's IT sector: NASSCOM

NASSCOM President R Chandrashekhar said he will consult the US government and its embassy in India to ensure that the industry does not face any difficulty or hindrance in its work.

March 08, 2017 / 08:42 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Ever since talk of possible reforms in H1-B visas led by US President Donald Trump, there has been a lot of uncertainty surrounding the Indian IT sector. However, NASSCOM’s President, R Chandrashekhar, reassured that he will consult the US government and its embassy in India, to ensure that the industry does not face any difficulty or hindrance in its work.

“We will, on our part, continue to engage, not only with the US government, but also the US embassy in India to ensure that there is no hindrance or difficulty for the industry to get the processes in shape,” said Chandrashekhar.The US has announced that from April 3, it would temporarily suspend the 'premium processing' of H-1B visas that allowed some companies to jump the queue, as part of overall efforts to clear the backlog.This will lead to process delays for Indian IT firms. Chandrashekhar said that this will have some business implications. However he felt that the move will not be a significant impediment for the over USD 110 billion outsourcing industry.

Story continues below Advertisement

Below is the verbatim transcript of R Chandrashekhar's interview to Kritika Saxena on CNBC-TV18.

Q: I am going to begin by asking you, you have just returned take us to the salient features of the conversation you had, you have already met officials from the Trump administration. I believe that you have met legal officials as well, so give us a sense of the conversation that you have had so far?