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Why Indian IT's Reliance on H-1B Work Visas Has Plunged 56% in the Last 8 Years
Over the past eight years, India’s top seven IT services companies have experienced a 56% decrease in their utilization of the H-1B visa program, which is the premier US work visa. Indian IT companies are adapting to US visa changes and shifting to local hiring and digital services.
“However, it has not eliminated the need, and most Indian firms would like to increase the number of H-1Bs. It is the huge numbers applying for H-1Bs and the lottery to get them which is constraining the numbers,” said Peter Bendor-Samuel, CEO of Everest Group.