The present work from home model removed borders and barriers for IT companies, feels Wipro Chairman Rishad Premji
By MYBRANDBOOK
The Chairman of Wipro, Rishad Premji has said that the present work from home culture has removed borders and barriers for IT companies, amidst rising protectionism in its main markets like the US. He also said that Wipro will increase local hiring in the US.
"This model itself lends to a new way of thinking, right? Because does it really matter if I'm sitting in New Jersey or if I'm sitting in Bengaluru if I'm working from home. So this new way of working itself is providing some level of de-risking. Two is we are fundamentally taking up the issue that mobility of talent and mobility of services is an important conversation in trade. And so we actively have conversations with the government, to provide, to take this up. The last thing which is very very critical has been localizing, you know, three years ago, we were maybe 45% local in the US, whereas today it is 70% local in the US right. We will be more local in the US, the challenge is the availability of talent. We are now hiring from campuses on a much more systematic basis overseas in the US and UK. Like we hire on scale in India," Premji said in a conversation with Chiratae Ventures founder and Chairman Sudhir Sethi, as part of VC fund's visionary talk series.
He also added that the current work from home model has in a way 'delisted borders and barriers.' President Trump had issued a proclamation in June suspending work visas across categories such as H-1B, L and J categories till the end of the year.
In August, The US State Department has eased the suspension and release a list of exemptions that will allow H-1B visa holders to travel to the United States if they meet a set of criteria.
H-1B visa is one of the most widely used employment visas by US-bound Indian techies. A majority of these visas are used by global tech majors such as Google and Microsoft as well as Indian IT companies such as TCS, Infosys and Wipro to deploy engineers from India to the US.
Indian companies have been stepping up local hiring in recent years to mitigate the risks around visa curbs and protectionism.
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
AMD Pensando driving innovation in the DPU architecture space
AMD Pensando stands out in the DPU (Data Processing Unit) market with its u
In India, 88% of Indian business leaders are planning to inves
As we move through 2024, it has become increasingly clear that AI is not ju
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
SAMSUNG INDIA ELECTRONICS LTD.
RELIANCE JIO INFOCOMM LTD.
INFOSYS TECHNOLOGIES PVT. LTD.
FRESHWORKS TECHNOLOGIES PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India : ASHISH KUMAR CHAUHAN
Ashish kumar Chauhan, an Indian business executive and administrator, ...
Icons Of India : Anil Agarwal
Anil Agarwal, the Founder and Chairman of Vedanta Resources Ltd., is r...
ICONS OF INDIA : ROSHNI NADAR MALHOTRA
Roshni Nadar Malhotra is the Chairperson of HCLTech, a leading global ...
PARTNER SPEAKERS
PSU
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
UIDAI - Unique Identification Authority of India
UIDAI and the Aadhaar system represent a significant milestone in Indi...
GSTN - Goods and Services Tax Network
GSTN provides shared IT infrastructure and service to both central and...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - AJAY BANGA, President - World Bank
Ajay Banga is an Indian-born American business executive who currently...
Indian Tech Talent Excelling The Tech World - Aneel Bhusri, CEO, Workday
Aneel Bhusri, Co-Founder and Executive Chair at Workday, has been a le...
Indian Tech Talent Excelling The Tech World - RAVI KUMAR S, CEO- Cognizant
Ravi Kumar S, appointed as CEO of Cognizant in January 2023, sets the ...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
