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Stop sending Indians on H-1B, start hiring US locals: Narayana Murthy to IT companies


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NEW DELHI: Indian software companies need to stop sending people on H-1B visas and focus on local hiring in the US, Infosys co-founder N R Narayana Murthy said amid rising concerns over Donald Trump administration's proposals to restrict inflow of foreign workers.

Stating that by and large Indian mindset is always to take the "soft option", Murthy — one of the pioneers of India's IT outsourcing industry — said becoming multi- cultural is not easy and is a "very, very hard option".



"They (Indian software companies) must recruit American residents in the US, Canadians in Canada, British people in Britain etc. That's the only way, we can become a true multi-national company and in order to do that, we should stop using H1-B visas and sending a large number of Indians to those countries to deliver services," Murthy told NDTV.



He added that recruitment from colleges should be done and local people be trained to add value to Indian companies.

The proposed overhaul of popular H-1B visa regime by US President Donald Trump has raised concerns among the Indian IT firms.

Also, the recent introduction of a US bill (Lofgren Bill) that proposes doubling of the minimum wages of H-1B visa holders to $130,000 from $60,000 has made the industry worried.

Any changes in the visa regime may result in higher operational costs and shortage of skilled workers for the $110 billion Indian outsourcing industry.

"I think even if the executive order comes, we should look at it more as opportunity for Indian companies to become more multi-cultural than we have been, rather than looking at it as a lacuna," Murthy said.

 


The US contributes nearly 62 per cent of the exports. Analysts are of the opinion that Indian tech companies could easily witness around 60-70 per cent rise in salaries of H-1B visa dependent workforce, leading to a 5-10 per cent hit on the margins, depending on the total base of employees currently on H-1B visas.

 


Asked why Indian companies were in panic over the protectionist stance of the new US administration, Murthy said Indian companies will have to learn to work with non-Indian professionals and become more multi-cultural.

 

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He is the big faggot...he killed an entire generation of young indians for his creed...

He is the one who actually started the abusal og h1b and converted it into cheap labor visa...an untrustrowrthy businessman who has no values..

He now says that Indian IT companies should stop behaving like front for immigration, hell, a decade back he was the same guy who pioneered cheap labor and immigration frauds.

He said he doesnt support dynasty business but promoted his son rohan murthy who is not capable of even geeting an admission into a business school on his own to a higher ranking position. What I heard were that most of the senior level exits from Infosys were because of this old horse.

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1 minute ago, Android_Halwa said:

He is the big faggot...he killed an entire generation of young indians for his creed...

He is the one who actually started the abusal og h1b and converted it into cheap labor visa...an untrustrowrthy businessman who has no values..

He now says that Indian IT companies should stop behaving like front for immigration, hell, a decade back he was the same guy who pioneered cheap labor and immigration frauds.

He said he doesnt support dynasty business but promoted his son rohan murthy who is not capable of even geeting an admission into a usiness school on his won to a higher ranking position. What I heard were that most of the senior level exits from Infosys were because of this old horse.

*=:

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2 minutes ago, Android_Halwa said:

He is the big faggot...he killed an entire generation of young indians for his creed...

He is the one who actually started the abusal og h1b and converted it into cheap labor visa...an untrustrowrthy businessman who has no values..

He now says that Indian IT companies should stop behaving like front for immigration, hell, a decade back he was the same guy who pioneered cheap labor and immigration frauds.

He said he doesnt support dynasty business but promoted his son rohan murthy who is not capable of even geeting an admission into a business school on his own to a higher ranking position. What I heard were that most of the senior level exits from Infosys were because of this old horse.

Agreed. India lo Innovation ledu ani racha racha chesadu few years back , sweatshop business chesthu

http://www.newscrunch.in/2015/07/twitter-ridicules-narayana-murthy-after.html

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47 minutes ago, nandananditha said:

adu sepaka poina cheyalisindhe ade kadha

 

epudu locals ni recruit sesukoni vallaki 75k isthademo which is ok for locals

kaani aa locals ..offshore calls ki login avvaru.. 5 tharvatha job cheyanu antaru...

akkada 10engudhi infy vaadiki mind

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