Indian tech companies, including Infosys, Tata Consultancy Services (TCS), and HCL America, dominated the H-1B visa program, with 24,766 visas allocated to them between April and September 2024. This represents 20% of all H-1B visas issued. Infosys led the pack with 8,140 visas, followed by TCS (5,274) and HCL America (2,953). The H-1B visa program allows US companies to hire foreign workers in specialty occupations. Indian IT services companies, such as TCS, Infosys, Wipro, and HCL Technologies, have consistently been among the top employers of H-1B visa holders. Industry leaders, including Elon Musk, have praised the program, citing the benefits of welcoming skilled foreign workers. The program is capped at 65,000 new visas annually, with an additional 20,000 for individuals with a master’s degree or higher. While the program faces controversy and potential reforms, India’s foreign ministry emphasizes the economic and technological benefits of skilled professional mobility, citing the strengthening of both countries’ economies and competitive positions.
Indian IT giants, including Infosys and TCS, account for the lion’s share of H-1B visa allocations.
by newsworm | Jan 5, 2025 | Infosys, Wipro | 0 comments