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Trump - Blessing for India

There are numerous reports of the Trump administration banning H1B visas for professionals. Market reacted sharply and a billion dollars worth of market cap was wiped off. Trump's policy of ' Hire American, Buy American' is also likely to scare away students.

While Trump may think his policies are helping America, he has ended up doing a big favour to Indian IT industry, families and our country at large

1) IT Services companies took off in the 90s on the value proposition of cost arbitrage i.e. shipping skilled Indian engineers at 25% of US costs and milking huge margins. This was called 'body shopping'. This was followed up with the 'Onshore-Offshore' model i.e. have only small teams at customer locations in the US which gets worked done by a large offshore teams in India. Margins increased and so did employment in India. As large US multinationals setup their own base in India, this model is now falling apart. IT Services companies are looking for a breakthrough innovation in their business model. This innovation is Artificial Intelligence driven automation i.e using technology trained and supervised by humans to get the work done. Monetisation in this new age is not based on people but on outcomes. Visas are inconsequential in this new age of services. The ban will only force IT companies to accelerate their AI journey. Doubling wages will also ensure that onsite consultants move up the value chain ... its a win- win for the industry. Thank You Mr Trump for forcing us to move up the chain ...

2) Families - Since reservations in the 1990s limited the opportunities for higher castes in India , going abroad was the most popular escate. This put a tremendous economic burden on parents who were nearing retirement but had to spend tens of lakhs on their kids. With the ban, as less students apply for visas, more US educational institutes will have to open up in India to cater to the huge youth market which wants to acquire skills and knowledge. In a decade India will be a bigger and a better market for American educational institutes than their own home ...Thank You Mr Trump for boosting the savings of the Indian middle class and sending your best universities to India.

3) Lastly ... India will emerge as the largest democracy where people from all faiths can live and chase their dreams ...... when people think of the land of the free and the home of brave, it will be India.

God Bless America for electing President Trump for when all is said and done ... it will be Mera Bharat Mahan !!


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