Day: December 9, 2022

India won’t be a US ally rather a great power : WH official.

Washington: India, which has a unique strategic character, will not be an ally of the US, but another great power, a top White House official has said, asserting there is no other bilateral relationship that is being “deepened and strengthened” more rapidly than between the two countries over the last 20 years.

Responding to a question on India during his appearance at the Aspen Security Forum meeting here on Thursday, Kurt Campbell, the White House Asia Coordinator, said that in his view India is the most important bilateral relationship for the United States in the 21st century.

“The fact is, I don’t know of any bilateral relationship that is being deepened and strengthened more rapidly than the United States and India over the last 20 years,” he told a Washington audience.

The United States needs to invest even more of its capacity, and build in people-to-people ties, working together on technology and other issues, he said.

“India has a unique strategic character. It will not be an ally of the United States. It has the desire to be an independent, powerful state and it will be another great power. But I think there are reasons to believe that our strategic alignment is growing across the board in almost every arena,” Campbell said.

India won't be a US ally rather a great power : WH official.

Washington: India, which has a unique strategic character, will not be an ally of the US, but another great power, a top White House official has said, asserting there is no other bilateral relationship that is being “deepened and strengthened” more rapidly than between the two countries over the last 20 years.

Responding to a question on India during his appearance at the Aspen Security Forum meeting here on Thursday, Kurt Campbell, the White House Asia Coordinator, said that in his view India is the most important bilateral relationship for the United States in the 21st century.

“The fact is, I don’t know of any bilateral relationship that is being deepened and strengthened more rapidly than the United States and India over the last 20 years,” he told a Washington audience.

The United States needs to invest even more of its capacity, and build in people-to-people ties, working together on technology and other issues, he said.

“India has a unique strategic character. It will not be an ally of the United States. It has the desire to be an independent, powerful state and it will be another great power. But I think there are reasons to believe that our strategic alignment is growing across the board in almost every arena,” Campbell said.

Indian telecom sector to hire staffs laid off by big tech MNCs.

According a report by Economics Times : The Indian telecom eco-system could absorb up to 30% of the workforce laid off at the big tech firms and who chose to return to India. These include employees across technical and service profiles, say staffing experts.

Companies like Meta, Amazon, Twitter, Microsoft and Stripe among many others have laid off employees and rationalised their employee base. According to estimates by TeamLease, over 62,000 employees have received the pink slip in 2022.

While employees at tech firms are facing headwinds in light of the pink slips being dealt out, the Indian telecom eco-system has increased its hiring over the past few quarters in light of the 5G rollout.

Given the hiring impetus that the telecom sector is seeing, one would expect it to absorb a majority of the employees laid off. However, there is only so much of a skill overlap between the workforce being laid off, and the requirement at the telecom companies say experts.

Indian telecom sector to hire staffs laid off by big tech MNCs.

According a report by Economics Times : The Indian telecom eco-system could absorb up to 30% of the workforce laid off at the big tech firms and who chose to return to India. These include employees across technical and service profiles, say staffing experts.

Companies like Meta, Amazon, Twitter, Microsoft and Stripe among many others have laid off employees and rationalised their employee base. According to estimates by TeamLease, over 62,000 employees have received the pink slip in 2022.

While employees at tech firms are facing headwinds in light of the pink slips being dealt out, the Indian telecom eco-system has increased its hiring over the past few quarters in light of the 5G rollout.

Given the hiring impetus that the telecom sector is seeing, one would expect it to absorb a majority of the employees laid off. However, there is only so much of a skill overlap between the workforce being laid off, and the requirement at the telecom companies say experts.