"Do not be unnecessarily perturbed by the US visa issue. I don't think American companies can survive without our companies. They cannot," Prasad told a meeting organised by the industry lobby IMC.
He said concerns surrounding the visa issues have been taken up at the "highest level" and exuded confidence of finding a solution to it.
The minister elaborated that the issue of massively hiking the visa fees apart from restricting the number of IT professionals' entry into the US, has been raised by Prime Minister Narendra Modi with US President Barack Obama and he himself has also discussed it with his US counterpart.
Job losses due to the shift to cheaper alternatives like India have always been a very contentious issue in the US, and the emergence of the ultra-right Donald Trump as the Republican presidential candidate has only heightened fears in the sector.
Also Read
the India story by use of information and communication technologies," he said.
Prasad said skilling the people, law enforcers and legal officers to deal with the challenges in the virtual world is also important and elaborated on the work being done by the government in this regard.
Meanwhile, on Tamil Nadu government's decision to include IT workers under labour laws, Prasad said companies will have to follow the law of the land.
The telecom department will "very soon" be auctioning spectrum in the 2100 MHz band, Prasad said.
He, however, parried a question on the spectrum usage charge, saying he will opine on it once the relevant file reaches him.