Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.

There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Tuesday, 31 January 2017

Will Holograms beat H1B Visa Ban ?



Poor Mr Trump !


He can build a huge wall on the US-Mexico border , but how will he build a “ Wall – in – Sky “ ?


To prevent Indian geeks from taking over jobs from Americans , he plans to raise to $ 130,000 per year , minimum salary payable to H1B visa holders , whether employed by Indian companies or by American companies


With this , he hopes to replace 350,000 Indian Visa holders , currently paid $ 60,000 per year ( with Americans at a salary of $ 100,000  ? )



 MR TRUMP KNOWS THAT :

·         India’s IT industry employs 3.7 million people ( mostly software guys ) of which ,     barely 10 % are posted in USA
·          
·          Its annual turnover is about $ 150 billion
·          
·          Of this $ 108 billion is from “ outsourcing “ by foreign companies
·          
·          Most of this revenue comes from its US operations
·          
·          At $ 60,000 per year , Indian H1B visa holders , earn $ 21 billion / year
·          
·          At $ 100,000 per year , replacing them with Americans will cost the Employers, ( both Indian and American ) , $ 35 billion


WHAT WE KNOW :

·         This bill ( if it becomes a law ), will certainly impact the Indian IT industry in short term

·         It will force Indian IT industry to find customers in other foreign countries and reduce its dependence on USA


WHAT WE NEED TO DO ? :

·         Learn to thrive on problems . Treat this as a “ blessing in disguise “ . Turn this into an opportunity to “ re-invent “ our IT Industry

·          
·         Not merely “ allow “ but pro-actively “ enable “ our IT industry to become ,

·          




·         Grant these Back Factories , an “ Infrastructure Industry “ status

·          
·          Enable BLACK MONEY investments into such “ Back Factory Units “,through a limited period AMNESTY SCHEME , outlined in my earlier blog

·          
·         Exempt these BACK FACTORIES from Corporate / Personal Income tax for 10 years  

·          
·         Enable construction of 1000 “ Back Factory Parks “ , each having 50 units , along the lines of Coastal Employment Zones proposed by Shri Arvind Panagarhia ( Vice Chairman , NITI Aayog

·          
·         These 50,000 units will provide , at least , 500,000 jobs

·          
·         LIKE SOUTH KOREA , EQUIP THESE BUILDINGS WITH 1 GBPS INTERNET BROADBAND



HOW WILL THIS HELP ? :


·          These BACK FACTORY units will deliver REMOTE SERVICES to customer-companies all over the World, through




Imagine 500,000 Indian geeks swarming virtually in every American office !


And no way for Mr Trump to stop them !



[  Those having any doubt , may want to look up :


[http://www.dailymail.co.uk/news/article-3038317/The-world-s-HOLOGRAM-protest-Thousands-join-virtual-march-Spain-against-law-banning-demonstrations-outside-government-buildings.html ]

Dear Narendrabhai :

You do not need any convincing re this “ GAME CHANGING “ concept since you pioneered it yourself by addressing 800 election rallies through your own holographic projection during 2014 election !

Please put in a word to Shri Arun Jaitleyji as he gets up to deliver his budget speech two hours from now !

01    Feb  2017

   

  

  

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