Replying to query on the latest announcements curbing skilled job visas by Australia and the US, he said there is a rising trend of "protectionism" globally and anti-globalisation.
"All of these are big changes that are happening beyond just policy changes of individual governments and the industry has been taking several steps to cope with them. The domestic IT industry has transformed many times in the past. These are operational challenges.
He said that every country wants high skilled workers from anywhere in the world and the struggle is to give a definition as to what is highly skilled workforce and to ensure that immigration policies of a country opens the doors to high skilled people.
This scheme allowed businesses to employ foreign workers up to four years in skilled jobs where there is a shortage of Australian workers.
"We will have to wait and see what is the overall impact, but some of the fundamentals which make us optimistic about our industry's future in this space remain unchanged. As far as the domestic IT industry is concerned growth is strong", he said.
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