America’s loss will be India’s gain, says Amitabh Kant; most others fear for IT

NEW DELHI: US President Donald Trump slapping a $100,000 annual fee on each H-1B visa holder saw some voices suddenly finding in it an opportunity for India even as most feared for the software services industry. Trump’s fee “will choke U.S. innovation, and turbocharge India’s,” declared Amitabh Kant, till recently India’s Sherpa at the G-20 and former CEO of the NITI Aayog. “By slamming the door on global talent, America pushes the next wave of labs, patents, innovation and startups to Bangalore and Hyderabad, Pune and Gurgaon. India’s finest Doctors, engineers, scientists, innovators have an opportunity to contribute to India’s growth & progress towards #ViksitBharat. “America’s loss will be India’s gain,” K

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