End Visas, Cre­ate Jobs in In­dia and US, says Cisco Chair­man

The Economic Times - - Companies: Pursuit Of Profit - Surabhi.Agar­wal @times­group.com

New Delhi: John Cham­bers, the ex­ec­u­tive chair­man at net­work­ing ma­jor Cisco, said tak­ing peo­ple from In­dia to the US on work visa due to labour ar­bi­trage may be a mis­take and, in­stead, com­pa­nies should look to cre­ate jobs in both the coun­tries.

“You can’t go in and take a whole bunch of H-1B visas and dis­place Amer­i­can work­ers for a lower cost. That is just a mis­take,” Cham­bers said on Wed­nes­day. “The jobs which are be­ing cre­ated, have to be cre­ated in both the coun­tries. It is not a win-lose (sit­u­a­tion); both the coun­tries can have dra­matic job cre­ation by work­ing to­gether.” Cham­bers was talk­ing at the launch of US-In­dia Strate­gic Part­ner­ship Fo­rum (USISPF), the new avatar of US-In­dia Business Coun­cil (USIBC).

He said there are many ex­am­ples of part­ner­ships between two com­pa­nies that have led to more jobs in both the US and In­dia, and there is a need to com­mu­ni­cate such in- stances bet­ter, rather than the rare cases of job losses that are an ex­cep­tion.

That’s an area where the new avatar of the USIBC will be able to help by con­stant mes­sag­ing etc., Cham­bers said. The re­launch of USIBC has been trig­gered by the board of the coun­cil vot­ing to split from the US Cham­ber of Com­merce in July this year. The new avatar, USISPF, is a non-profit cor­po­ra­tion that will fo­cus on stim­u­lat­ing business re­la­tions and en­hanc­ing strate­gic re­la­tion­ship between the two coun­tries. Cham­bers, who was the chair­man of USIBC, and its pres­i­dent Mukesh Aghi, will con­tinue to lead the or­gan­i­sa­tion in the same ca­pac­ity.

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