Wednesday, 15 February 2017

Trump policy causing uncertainity but IT demand robust

Despite uncertainties stemming of US President Donald Trump's visa policies. IT industry body NASSCOMM is confident of a strong demand for the sector. The demand scenario for the IT sector looks robust going ahead. There are, however, uncertainties coming from Trump's protectionist measures and clients of Indian IT companies freezing IT spends.

Nothing can be said on the H1-B visa reform as of yet, because new US administration has only taken reigns recently and it is yet to unfold. NASSCOM has delayed its guidance for the first time, as it needed more time to speak to clients of Indian IT companies from across the world to quantify the impact of global factors on the IT industry. It had issued a revised guidance in November 2016.

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