Concerns on H-1B visas conveyed at ‘highest quarters’ in US: IT minister Prasad
Union IT minister Ravi Shankar Prasad said that the India neither creates boundaries nor appreciates boundaries, with regard to the H-1B visa issue.Updated: Apr 22, 2017 21:24 IST
India’s concerns over H-1B visa related developments have been conveyed at the “highest quarters” in the US, union IT minister Ravi Shankar Prasad said on Saturday.
The ITecosystem is based upon “reciprocity” approach, and Indianeither creates boundaries nor appreciates boundaries, the minister said.
Finance minister Arun Jaitley in Washington had met the Commerce Secretary of the US and conveyed the concerns.
“We are proud of the contribution of Indian ITcompanies in America and around the world. They have paid $22 billion as tax revenue in the last five years, they havecreated 400,000 jobs there, they have given value andcompetitive edge to nearly two-thirds of the fortune 500companies,” Prasad said.
He said the IT ecosystem is based up on reciprocity. “Indian human resource contributes to USA’s economy andmany US companies also benefit here in Bengaluru and other parts of India who have Indian minds in creating their research products more competitively.”
If multi national companies have made big business then Indian minds have also immensely contributed. There is a need for reciprocity.— Ravi Shankar Prasad (@rsprasad) April 22, 2017
Indian IT companies create jobs they do not steal jobs either in USA or in any other country.— Ravi Shankar Prasad (@rsprasad) April 22, 2017
Prasad was speaking to reporters on the sidelines ofthe interactive meeting with IT /ESDM industry organised bythe Software Technology Parks of India (STPI).
To a question about protectionist noisesbeing heard from Europe and other parts of the world andgovernment’s approach towards this, he said, “We are reachingout. But what I’m very confident about is the talent ofIndian IT minds - that they will always keep the flag flying.”
Earlier, addressing the meeting, Prasad said that todayIT ecosystem is under some stress and pressure because of whatis happening in the US.
Stating that the IT sector needs to acknowledge its own real strengths, he said the Indian IT industry has created a new formof confidence in India’s human resources.
He said, “The DNA of technology does not count in its boundaries, and as far as we in India are concerned, we neither create boundaries, nor we appreciate boundaries.”
“Indian IT companies don’t steal jobs, they createjobs, wherever they go whether it is America or any part ofthe world.”
Noting that the Indian digital economy that includes communication, IT/ITES, e-commerce, digital payments is goingto be USD 1 trillion, the minister said he is seeing Indiaat the cusp of a big digital revolution.
“We missed the industrial revolution, we missedthe entrepreneur revolution and we don’t want to miss the digital revolution. We want to become leader in that, that is our fundamental philosophy,” he said.
Highlighting that in the last two years, 72 mobile manufacturing factories had started production in India, Prasad said 42 are mobiles and 30 are components likebattery and others.
He also said that the US-based iPhone maker Apple is againgoing to meet him in couple of days.
“They are very keen.”
To a question by reporters on meeting withApple executives, he said they are going to meet him. What was important is that India is a huge market and Make in India was basically for making in India for Indian market and also exporting it outside, he said.
“A lot of big mobile phone manufacturing companieshave come, if Apple comes fine, they are welcome,” headded.
First Published: Apr 22, 2017 20:48 IST