Vastavam web: Although tightlipped over the US government’s recent decisions on H-1B and other non-immigrant visas ,India’s top IT service companies have overall reduced their dependency on these visas and stepped up their efforts to localise workforce in the US. At a time when the companies will need to pay anywhere between 35-40% extra to the H-1B hires as mandated by the US Labour department, the Indian firms are looking to actively hire in their US offices.
The Indian companies are likely to hire more than 40,000 US workers in the next couple of years with stricter visa regimes and corresponding wage hikes now in place. Analysts say that the despite the localising the workforce and accelerating the offshore projects by the IT firms in india. Taking the lead for example, Infosys which had a maximum share amongst the IT service providers for H-1B visas said that it will hire 12,000 more local workers by 2022 which will bring its total headcount in US to 25,000. Infosys which had twice the number of H-1B visa hires compared to peers like TCS, Wipro, HCL Tech also faced the largest visa denials at 59% in FY20.