US aware of India's concerns over outsourcing and H1B visa issue
New Delhi, Oct.25 (ANI): The United States is aware about the concerns of Indian companies on the outsourcing and H1B visa issues, which are likely to figure up in the discussions to be held during the forthcoming India-visit of the United States President Barack Obama.
"These are difficult issues, but we will find a way to deal with them," said a senior US official in New Delhi.
U.S. President Barrack Obama's upcoming visit to India is getting mixed reactions from software professionals.
The decision of the Ohio state to ban the outsourcing of government Information Technology projects to overseas locations such as India to combat unemployment in US, had left the IT industry in a dilemma.
Allaying fears of the Indian IT industry, the US officials said there will be number of opportunities for Obama to engage with the trade representatives and address their fears during his visit.
The US officials during an interaction with reporters today also emphasized on globalisation and their motto to keep economy windows open for the world.
"American economy is an open economy and US is the number one destination for Indian investments," said the US officials.
The Indian IT industry is expected to voice its concerns over the new tax code proposed by Obama that would end tax breaks for firms that create jobs and profits overseas, along with a new U.S. immigration bill that would raise the cost of work visas during the visit of President Obama.
India's 60 billion dollars outsourcing industry employs more than 2 million people and accounts for 5 percent of the country's economic output. By Ankit Tyagi (ANI)
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