America is great because it is willing to accept talented immigrants.
That’s what Infosys Technologies billionaire co-founder Nandan Nilekani told President Trump when he had the opportunity.
“If you want to make the United States truly competitive, you should accept foreign talent,” Nilekani said as a bystander at CNN’s Asian Business Forum in Bangalore.
Infosys (((( Is India’s second largest outsourcing company and shows the major recipients of H-1B in the United States. The document allows tech companies to hire a huge number of Indians in US jobs. ).
The Trump administration is currently considering major changes to its visa program. Spokesman Sean Spicer said in January that Trump would continue to talk about reforming the H-1B program as part of a greater push for immigration reform.
The curb of the show can be the hardest hit for Indian workers.
India is the largest source of highly skilled workers for the US technology industry. According to US government data, 70% of the most popular H-1B visas are given to Indians.
Stocks of several Indian tech companies, including Infosys, plummeted two weeks ago in reports of an imminent work visa crackdown.
Nilekani said it was a mistake for the administration to obey.
“Indian companies have put a lot of effort into making American companies more competitive, and I think it should continue,” Nilekani said. “Looking at Silicon Valley … most businesses have immigrant founders.”
In particular, the contribution to Indian industry at the top level is increasing. Current CEO of Google (((( When ).Microsoft ((((For example, both were born in India. ).
However, Nilekani, who is also the designer of India’s ambitious bioassay ID program, suggested that India would ultimately benefit from the new restrictions introduced under Trump’s “America First” program. If talented engineers cannot go to the United States, they will stay in India.
“This visa problem is always occurring in the United States every few years, especially during the election season,” he said. “It actually accelerated the development work. [in India]Because … people are investing more to work here. ”
Nilekani cited his own project for the Government of India as an example.
A Bangalore-born entrepreneur left Infosys in 2009 to run a large-scale social security program in India known as Aadhaar.As a result of this initiative, the majority of India’s 1.3 billion citizens will receive government services, carry out banking transactions, and even Biometric payment..
“It was built by a very talented and devoted Indian,” Nilekani said. “Many of them had global experience, but they brought their talents and experience to solve India’s problems.”
Nilekani said the country’s large youth population is increasingly staying home and choosing to participate.
“It’s India first,” he said.
CNNMoney (Bangalore, India) February 13, 2017 First Edition: 2:19 pm ET