Speaking to NDTV’s Shweta Rajpal Kohli at the World Economic Forum in Davos before President Obama's address, Premji said the US is over-sensitive on the loss of jobs and the issue will be hyped up even more as the elections are coming.

"The way trends are going, in ten years, the economies of emerging worlds will be in excess of $20 trillion...," said economist Nouriel Roubini.