Trump will be the happiest today as his objective of making more US workers employed in the US market has manifested into reality.
The H-1B visa aftermath ahs played highly favourable for the US natives who are now rejoicing proliferated job opportunities in top-notch IT companies.
Indian IT major Infosys announced that it will recruit about 10,000 American workers over the next two years.
Not only this, Infosys also announced it’s intention to set up four new technology and innovation hubs in the US. The IT major also revealed that the first innovation hub will open in Indiana in August 2017. Indiana is a major city in US which is also a hub of education colleges.
Housing one of India’s best brains, Vishal Sikka, who is the Chief Executive Officer of Infosys spelled out: “Infosys is committed to hiring 10,000 American technology workers over the next two years to help invent and deliver the digital futures for our clients in the US.”
This development, the company claimed will create as many as 2000 jobs by 2021. Dismay can be expressed to the fact that the real beneficiaries of this development will be US workers.
“It’s so good to welcome Infosys to Indiana, and to expand our growing tech ecosystem with the addition of their estimated 2,000 Hoosier jobs,” said Indiana Governor Eric J. Holcomb.
This recent development is seen as a product of Infosys prolonged policy of investing across the States over the period of three decades. Well, this is Gross.
With the company’s focus of expanding it’s operations in the States, we are wondering how will India outpace States in its technological aspect clubbed with other developmental parameters.
Additionally, this employment decision is likely to affect India’s foreign exchange reserves. If the company is unable to meet out its salary expenses from the earnings of the US branch, it is likely to dig earnings from the Indian branch.