India wants US to address 'discriminatory' clauses in immigration bill

India has sought Congressional help in addressing its concerns over what it calls certain ‘discriminatory provisions’ of the comprehensive immigration bill, which if passed into law would adversely impact Indian IT companies.

“One of the concerns, Indian businesses are seeking to address, and where the US Congress can help them, is about the current debate, on restrictions on the movement of high-skilled non-immigrant professionals employed by Indian IT companies into the United States,” Taranjit Singh Sandhu, Charges d’Affaires of the Indian Embassy in the US, said.

[caption id=“attachment_1239403” align=“alignleft” width=“380”]  Representational image[/caption]

“These discriminatory provisions, if they are enacted, will essentially create a market access barrier for Indian IT companies in the US and will not only cause damage to their operations, but will also impact the ability of US companies, who depend on their services to innovate, grow and be competitive and affect the local economies,” Sandhu said yesterday.

More from Business

Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors How Indian fintech startups are driving Malaysia’s UPI-like digital payments revolution

He was addressing the ‘Indian American Meetup’ event organized by the GOP Conference and the House Foreign Affairs Committee, at the Capitol Hill.

The Indian IT industry has led the way in strengthening the India-US trade and investment relationship Sandhu said, adding that today companies like TCS, Wipro, Infosys and HCL employ well over 50,000 US citizens, and support more than 280,000 other local US jobs.

“They are integral, to the operations of many US companies, helping them in developing new products and improving operations and efficiencies,” he argued.

Trade and economic partnership remains a central pillar of expanding India-US ties, creating jobs for hundreds of thousands of people in both countries, he said.

Impact Shorts

More Shorts

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Tata Harrier EV vs Mahindra XEV 9e: Design and road presence compared

“Our bilateral trade today has reached 100 billion dollars and maintains an upward trajectory.Indeed, despite global economic slowdown, US exports in goods and services to India which is nearing $50 billion, have grown by an impressive 12 percent in the first half of 2013,” Sandhu said.

Noting that US is an important source for foreign direct investment in India, he said for the US, India is now, among the fastest growing sources of inward investment.

More than 65 large Indian corporations, including Tata, Reliance, ESSAR, Piramal and others, have invested about $17 billion across a number of US states, including Colorado, Oklahoma, Georgia, Idaho, Tennessee and Kansas over the last five years, he said.

Taking note of the concerns expressed in US about the pace of reform in India and it’s investment climate, Sandhu said New Delhi is sensitive to these views.

“Government of India has focused, on improvement of our investment regulations, leading to significant FDI liberalisation, in the past year, in a number of sectors, of US interest ? including, multi-brand and single-brand retail, civil aviation, telecommunications and defence,” he observed.

“In addition, clearances for pending projects, have been fast-tracked, taxation issues have been addressed upfront and clarified, and the much talked about Preferential Market Access guidelines for private sector companies have been kept in abeyance,” Sandhu said.

PTI