The Confederation of Indian Industry (CII) warned that proposed plans for changes to the Intra-Company Transfer route indicated by British Prime Minister David Cameron would have an effect of restricting mobility of skilled professionals into the UK from non-EU countries, including India.
"There are over 800 Indian companies operating in the UK, contributing to the overall economy and innovation, paying taxes, hiring locally and upskilling local talent," said CII president Sumit Mazumder.
"We understand the concern on immigration and skills shortage in the UK. This is a huge opportunity for India and the UK to work together in strengthening skills capability and developing a globally competitive workforce. We must not undermine the contributions of Indian companies in the UK, who are keen to partner in this process," Mazumder said.
CII pointed out that the development is "particularly disturbing" in light of Grant Thornton's recent study conducted in collaboration with CII, which highlights the growing contribution of Indian companies towards investment and job creation in the UK.
CII has proposed a meeting of Indian company representative with UK's Migration Advisory Committee (MAC), which has been tasked with advising the UK government on a new "skills levy," raising salary thresholds for migrant workers, and reforms to skills shortage criteria.
Prashant Jhawar, chairman of CII's India Business Forum in the UK, said: "It would be important for the UK government to get a deeper understanding of how this would hit the real stakeholders in the India-UK economic relationship - both Indian and British companies.
The news comes ahead of CII's annual CEOs delegation to Britain early next month.
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