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The impact on the IT industry will be the least even though changes effected by the UK Border Agency (UKBA) could hit Indian students visiting the country.
“We consulted the Indian government, the Indian industry and industry bodies like Nasscom before making the changes,” Mr Richard Hyde, the British Deputy High Commissioner, told newspersons.
Based on these discussions, Mr Hyde said that intra-company transfers were left untouched. Half of all the people to the UK from India and around 65 per cent of all intra-transfers to the UK are from India, said Mr Hyde.
In calendar year 2010, around 21,000 skilled people went to the UK and around 90 per cent of them were intra-company transfers, said Mr Hyde. And since industrialists such as Mr Azim Premji of Wipro had indicated that they were looking at a more indigenous workforce, this number could get affected, especially if other IT companies followed suit.
Mr Hyde also indicated that there was a lot of synergy between the UK and India, especially Bangalore, when it came to entrepreneurship.
“We have always had a visa for entrepreneurs,” he said, adding that the UK also had a new visa for potential entrepreneurs, who could go to the UK, pitch an idea, raise capital, and then become an entrepreneur.
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