Trump’s second coming: Hopes and dreams dangle for Indian techies and students
Subscribe to enjoy similar stories. Mumbai: Donald Trump’s electoral comeback has prompted some crystal-gazing into what his second term as American president could mean for Indian employees and students aspiring to move to the US. After all, his electoral promises of more jobs for American citizens and tighter immigration controls were bound to cause some consternation.
That said, domestic education and visa consultants are banking on Trump’s other rhetoric—to revive the US economy—to open a route at least for India’s much-vaunted technology employees and students pursuing highly skilled courses. “The US economy needs skilled (immigrant) workforce and India may have a better standing versus China in addressing this," said Narayanan Ramaswamy, partner and head–education and skill development practice, KPMG in India. He, however, added that the “real impact will play out in few years" depending on how the US economy shapes up.
Trump’s moves will be keenly watched especially by India’s information technology services companies, considering the US is the largest market for most of these firms. IT services companies ship employees to markets where their clients are located on temporary work visas. In June 2020, during his previous term as US president, Trump had suspended the issuance of all H-1B work visas, including for Indians.
The Nifty IT index gained 4% on Wednesday amid early trends pointing to a Trump victory. Also read | Indian IT sector’s much-awaited moment has arrived: the US Fed rate cut The bigger demographic watching his moves will be Indian students, for whom US colleges have always been the top choice—more so now as Canada and Australia have clamped down on the number of international students. According to
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