Infosys and Industry Leaders Push Back Against Karnataka's Job Reservation Bill

Infosys and other industry leaders have voiced strong opposition to Karnataka's proposed job reservation bill. The legislation mandates significant local hiring quotas, prompting criticism from business figures who argue it is regressive and detrimental to the state's tech industry. Infosys has committed to adhering to any future regulations.

Infosys and other industry leaders have expressed strong opposition to Karnataka's proposed job reservation bill. The legislation, which mandates that 50 percent of management positions and 70 percent of non-management roles be filled by local candidates, has sparked widespread criticism.

Infosys, which employs over 3.15 lakh people globally, has stated it will comply with any regulations that are enacted. CEO Salil Parekh emphasized the company's commitment to aligning with new laws but noted the industry's concerns.

Industry veterans have dubbed the bill as regressive and discriminatory. Entrepreneurs like PhonePe CEO Samir Nigam and Biocon's Kiran Mazumdar Shaw warned that the legislation could hurt Karnataka's tech dominance. The government has put the bill on hold amid the backlash.

(With inputs from agencies.)