What is Nasscom doing to help educate and provide different perspectives for the lawmakers?
We have been working on this for some time. We have spoken to the lawmakers who passed this bill. We have made the case that US customers will ultimately be impacted. I think this is being done with an eye on the elections β and unemployment is high, so there are political issues at play. In your view, do you believe these actions are a determent to the long-term competitiveness of U.S. businesses? Definitely the US is trying to stay competitive globally. Lawmakers seem to be taking a short term approach instead of looking at the long term. The cost of doing business in the US will go up. Obviously companies will look at other options to do business. The objective the lawmakers are citing β to create more US jobs β is commendable but the reality is they are making it difficult to operate in or locate operations in the US. Itβs terribly short sighted. If you look at science, tech, engineering and mathematics- there are not enough skilled workers currently. It is the view of Nearshore Am
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