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May 28, 2001
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Money > Business Headlines > Report May 28, 2001 |
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Switzerland opens doors wide for IT professionalsBS Ice Bureau Switzerland has decided to grant 11,000 work permits for highly qualified foreign professionals to meet the shortage of skilled labour in the information technology sector in the country. According to industry watchers, this move by the Swiss government would offer the Indian IT professionals an alternate job destination than just the United States. The Swiss government had decided to grant additional 5,000 one year work permits, in addition to 6,000 permits allowing regular employment of up to 18 months in Switzerland. The current quota of 35,000 permits (17,000 yearly permits and 18,000 others) has been almost used up. The new permits will apply to qualified professionals, in particular information technology experts, scientists, managers and business experts. This is a first such quota increase over the last 10 years. According to Nasscom chairman Phiroz Vandrevala, "the Swiss government's decision is in response to growing calls for more foreign specialists in the IT and business sectors to make up for a shortage of Swiss staff. We at Nasscom welcome this initiative of the Swiss government and we are sure this will lead to increased business co-operation in the IT sector between India and Switzerland". Europe is India's second largest export destination with almost 23 per cent of India's software and services being exported to Europe in the year 2000-01. Vandrevala also said that, "Indian IT software and services exports to European countries were to a certain extent affected by protective and non-tariff trade barriers specially as regards the movement of skilled manpower imposed by countries in Europe." Last two years have witnessed an increased demand for Indian software professionals by countries in Europe. Vandrevala said, "Nasscom has been consistently working with governments and associations in Europe to increase India-Europe IT trade and ease of restrictions on movement of software professionals". Powered by YOU MAY ALSO WANT TO READ:
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