Tech Mahindra: Best of 5G to Come in Second Half of 2021

Nov.10 -- C.P. Gurnani, chief executive officer of computer software maker Tech Mahindra Ltd., discusses what the election victory of Joe Biden and Kamala Harris mean for Indian technology companies. India’s $181 billion tech outsourcing industry has been facing difficulties obtaining visas for employees in the U.S. under the Trump administration, but Biden’s campaign has pledged to reform the H-1B visa system. Gurnani also talks about the impact of the coronavirus pandemic on his business on "Bloomberg Markets: Asia"

[utkarshanand]

H1-B visa is also responsible for the decline of US technology industry in particular. There are benefits and drawbacks to all policies, but this one seems to currently have more drawbacks. There has been a push towards diversifying the ethnic groups in the employee base even going against merit based hiring and the post-modernist theory behind it is that people have implicit bias towards hiring people of their own race (with white population being the major culprit), which needs to end, for the purpose of equating outcomes for all races, at the cost of sacrificing talent. The major beneficiaries of this policy has been the Chinese population. This has resulted in a significant drop in the demand for local US-based suppliers and the official reason is that the Chinese don’t understand English well enough, thereby preferring Chinese suppliers over suppliers from other countries. This isn’t an allegation, but rather my experience. I don’t see Chinese suppliers offering anything that isn’t available elsewhere, yet, companies are choosing Chinese suppliers over others and moving most of their supply chains to China, despite the economic policies being unimpressive. This has been making the Chinese consumer stronger and more and more companies and their suppliers are becoming increasingly reliant on a single country. I don’t see that as a healthy trend.

[angelasevere]

The USA economic???
Really????
Sending jobs to india????
A lot of jobs in the usa???
😂😂😂😂😂