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Showing posts with label Wipro. Show all posts
Showing posts with label Wipro. Show all posts

Monday 28 November 2016

Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

BENGALURU: Anticipating a more protectionist US technology visa program under a Donald Trump administration+ , India's $150 billion IT services sector will speed up acquisitions in the United States and recruit more heavily from college campuses there.

Indian companies including Tata Consultancy Services (TCS), Infosys and Wipro have long used H1-B skilled worker visas+ to fly computer engineers to the US, their largest overseas market, temporarily to service clients.

Staff from those three companies accounted for around 86,000 new H1-B workers in 2005-14. The US currently issues close to that number of H1-B visas each year.

President-elect Trump's campaign rhetoric, and his pick for Attorney General of Senator Jeff Sessions, a long-time critic of the visa program, have many expecting a tighter regime.

"The world over, there's a lot of protectionism coming in and push back on immigration.

Unfortunately, people are confusing immigration with a high-skilled temporary workforce, because we are really a temporary workforce," said Pravin Rao, chief operating officer at Infosys, India's second-largest information technology firm.

Source:-timesofindia