Proposal to Restrict Business Visas Will Impact Indo-US Ties: USIBC

USIBC, which is the top U.S. body representing American companies doing business in India and a key player in strengthening India-U.S. relationship, argued that Indian firms have been partners in this growth cycle, helping U.S. companies to become agile and more competitive in a fiercely competitive global marketplace.

"Targeting Indian firms operating in the United States with restrictions or fees is antithetical to the spirit of the US-India Strategic Partnership, and could excite protectionist forces in India that would attempt to thwart U.S.-India trade and economic cooperation - just as both countries are attempting to achieve just the opposite," Somers said.
Expressing its strong opposition to the so called "50:50 model", USIBC said distinguishing between companies based upon current staff ratios fails to give any credit for local investments and future hiring plans.

"Instead, it rewards firms that have a legacy workforce in the United States while disadvantaging recent entrants who are rapidly growing the local workforces while providing invaluable services to U.S. public and private sector enterprises," said the three page letter.

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