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No tangible impact of New Zealand visa curbs on Indian IT firms: Nasscom

New Zealand will introduce tougher norms for skilled overseas workers

Press Trust of India  |  New Delhi 

Industry body Nasscom today said New Zealand's move to tighten its work permit norms will not have any "tangible" impact on the Indian IT industry that gets less than 1 per cent revenue from that market. "The Indian IT industry does not have a significant presence in New Zealand... The region accounts for less than one per cent of the overall export basket. So, there will be no tangible implication for the industry as a whole," Nasscom President R Chandrashekhar told PTI. The curbs by New Zealand may not seem damaging on a standalone basis, but ...

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