Mexico has kicked off a process to update its immigration laws in order to enable technology firms to more easily absorb software professionals from abroad, which is music to the ears of Indian services firms.
“Mexico follows a rule that foreign firms can employ ten per cent of total highly skilled staff from abroad and the rest of the employees with similar skills have to be locals. However, Mexico is changing rules which will enable foreign firms to employ a higher proportion of highly skilled workforce if they are employing a large number of employees,” said Melba Pria, Mexico’s Ambassador to India, as quoted by Indian daily the Economic Times.
Relaxed immigration laws in Mexico will be a major boon for most of the major Indian services firms, as their employees in the U.S. will have easier access to their delivery centers south of the border.
Among the Indian IT firms in Mexico, TCS has the largest presence, but others, including Infosys, Wipro, HCL, Hexaware, Tech Mahindra, and NIIT have smaller operational units.
In an interview with The Indian Express last month, Pria said Mexico “will happily welcome Indian professionals” if the U.S. went ahead with its adjustments to the H-1B working visa program.
Meanwhile, El Sol Del Centro has reported that Wipro would expand operations in Mexico with an investment of around US$25 million.
“Our presence in Mexico has helped us win more clients in financial and pharmaceutical sectors,” the publication reported quoting Ankur Prakash, Wipro’s senior executive in charge of Mexican operations.
Wipro runs four delivery centers in Mexico, and more than 90% of its employees in the country are Mexicans.
India’s relation with Mexico has been expanding these days, particularly after Prime Minister Narendra Modi visited Mexico last year. Reports say the bilateral trade between the two countries stands at around $6 billion.
Recent Comments