#August 2017, #Sector Focus/Hospitality
Indians spend an estimated $20 billion on their travels around the world, boosting local economies and creating jobs. A WTO study says this figure will rise to $60 billion by 2020, or about the same as the total FDI inflow into India last year.
Let us start with two simple quiz questions: Which Indian group has spent the largest sum of money in the US since the turn of the millennium? And ditto for Europe?
Okay, here’s are a few hints: it’s not the Tata Group, not the Aditya Vikram Birla Group and not even any overseas Indian-owned business like Arcelor Mittal.
#INDIA-UK, #Special Edition – May 2017
Now that Mrs May has triggered formal divorce proceedings with the EU, India Inc. CEO Manoj Ladwa explains how the UK could learn a lesson or two from the Japanese on getting up close to Modi’s India.
The late Sir James Goldsmith, the billionaire financier who spent a considerable part of his personal fortune on a campaign to force Great Britain out of the European Union, once famously said: “When a man marries his mistress, he creates a job vacancy.”
#April 2017, #Special Edition – May 2017, #The Americas, #THE AMERICAS
As the Donald Trump administration begins to deliver on his poll promise of cracking down on the alleged misuse of H1B visas, Indian IT companies are feeling the pinch.
Donald Trump’s election rhetoric is returning to bite the Indian IT sector as policy formulations of the new US administration.
First, here are some updates on the bad news on H1B visas, the visa category mainly used by Indian IT companies to ship Indian IT professionals to the US.
#July/August 2016, #2016, #India-US
Indian companies, far from being job destroyers in the US, are actually net employment generators, writes India Inc. Consulting Editor.
Republican Party presidential nominee Donald Trump’s flip flops over H1B visas, which allow Indian IT pros to work in the US, show that large sections of the US are increasingly viewing protectionism as a panacea for its domestic economic problems, including joblessness, even as saner voices point to the positive contributions made by skilled migrants like Indian geeks.