'Don't worry about PERM': Former HCL tech CEO Vinnet Nayyar explains why Trump admin's action against 'indentured servants' will help Indian techies than hurt

Economic Times - Oct 9, 2026

Former HCL Technologies CEO Vineet Nayyar believes tighter US immigration rules could prompt companies to shift more advanced technology projects to India. He has urged Indian IT firms to move beyond cost-driven outsourcing and focus on product engineering, AI, cybersecurity and intellectual property, while preparing for a future in which technological productivity may reduce the link between business growth and hiring.

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