Australia is looking forward to hiring more Indian IT professionals following the signing of free trade agreement with India to combat the rising attrition rate in the country.
It is estimated that by 2025 the country’s worker shortage will grow to 2,60,000. According to experts and several surveys, the pandemic is one of the primary reasons triggering this situation.
The Indian Minister for Trade and Commerce, Piyush Goyal and the Australian counterpart Dan Tehan discussed the possibilities of easing out the trade restrictions between the two countries. According to a New18 report, the duo has been holding weekly talks on the Economic-cooperation agreement which could possibly improve the chances of Australia to hire IT talents from India.
"Had a productive discussion with my good friend Australian Trade Minister @DanTehanWannon to fast-track India-Australia Comprehensive Economic Cooperation Agreement negotiations. Both sides working to identify new opportunities & increase trade & investment into our countries," tweeted Piyush Goyal.
Commenting on the round of talks, Dan Tehan said, “India a tech sector powerhouse, could help fill the void, with the final free trade deal to help Australian firms get access to best human IT capabilities. This will be a key part of the agreement. India also has a strong interest in their international students and around the area of post-study work rights, so that’s another area we are looking at.”