Ex-HCLTech boss hints US visa curbs won't be all bad
Former HCL Technologies CEO Vineet Nayar suggested that new US restrictions on Indian technology professionals might not be entirely negative. The US has limited several major tech companies from using the Permanent Labour Certification Program (PERM), which could push American firms to offload more high-value tech work to India, including AI, product engineering, and cybersecurity, Nayar said on X. This move, driven by technology, could enable smaller Indian teams to manage more complex tasks, Nayar added.
According to Nayar, Indian IT firms accounted for less than 2% of the 117,849 PERM certifications issued last year, implying a limited direct impact on these companies. However, Nayar foresees a shift in the Indian IT industry's model, with Indian teams taking on more responsibility for designing and developing technology instead of merely executing client instructions.
The next stage could involve Indian teams handling architecture, product engineering, cybersecurity, AI implementation, industry solutions, and eventually product and IP ownership.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
