Industry body expresses 'disappointment and deep concern' over K'taka reservation bill, says companies will be forced to relocate

Nasscom expressed disappointment and concern over the Karnataka State Employment of Local Industries Factories Establishment Act Bill, 2024, stating that its members were unhappy with the implementation. The tech sector's significant contribution to the state's GDP, digital talent pool, startups, and Global Capability Centers (GCCs) raised apprehensions following the announcement that all grade C and D level jobs in private tech firms would be reserved for Kannadigas.