Indian-origin tech corporations cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Companies main the pack, an evaluation of information from the US immigration division confirmed.
In keeping with information from the US Citizenship and Immigration Companies, in April-September 2024 interval, out of the full 1.3 lakh H-1B visas issued to totally different employers, about 24,766 visas had been issued to Indian-origin corporations.
Out of those, Infosys took the lead with 8,140 beneficiaries, adopted by TCS (5,274), and HCL America (2,953). Infosys got here second to solely Amazon Com Companies LLC, which topped with 9,265 visas.
Cognizant, which was based in Chennai however now has headquarters in New Jersey, ranked third within the checklist with 6,321 visas.
The H-1B visa programme permits US corporations to quickly make use of overseas staff in specialty occupations. Indian corporations have been vital beneficiaries of this programme, significantly within the know-how sector.
Main Indian IT companies companies resembling Tata Consultancy Companies (TCS), Infosys, Wipro, and HCL Applied sciences have persistently ranked among the many high employers for H-1B visa holders. Wipro was decrease down this time with 1,634 visa grants. Tech Mahindra stood shut by, having been issued 1,199 visas.
Whereas these corporations proceed to profit from the programme, ongoing developments point out a necessity for adaptation in response to regulatory adjustments and public sentiment. The way forward for the H-1B visa will doubtless rely upon balancing the wants of the US companies for expert labour with broader immigration coverage reforms.
Elon Musk, a former H-1B visa holder whose firm Tesla utilises this programme, has publicly supported the tech business’s reliance on overseas staff.
In a publish on X on December 28, Musk emphasised the significance of welcoming people from all backgrounds who contribute to the US by means of laborious work. He passionately advocated for preserving America as a land of freedom and alternative.
Musk’s assertion additionally acquired backing from President-elect Donald Trump whose first administration restricted the programme in 2020, arguing that it permits companies to exchange Individuals with lower-paid overseas staff.
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