Top seven Indian IT companies experienced a whopping 43% drop in their H-1B visa approvals between 2015 and 2017, a US think-tank has said.
The top 7 Indian IT companies received 43 percent fewer H-1B visa approvals between 2015 and 2017, according to an American think-tank.
The National Foundation for American Policy pointed out in a report that the 8468 new H-1B visas accounted for the India-based company during the fiscal year 2017 only 0.006% of the 160 million US workers.
The top seven companies based in India received only 8468 approved H-1B applications for their first job in fiscal 2017, a 43% decrease for these companies since fiscal year 2015, when they received 14,792 H-1 visas. 1B.
Since 199,000 applications were filed for the 2018 calendar year during the 2017 fiscal year at 105,000 above the maximum annual amount of the 2018 H-1B fiscal year – even without these new H-1B visas, the annual limit reached the first day of the April deadline, was it.
“The data shows that the problem is not that companies are receiving H-1B visas, some of which claim that the 85,000-year limit for an economy the size of the United States is too low,” she argues.
Tata Consultancy Services is based on H-1B US Immigration Visa (USCIS) (TCS) data in 2017 2312 H-1B visas compared to 4674 in 2015, thus registering a decrease of 51%. Infosys posted a 57% drop.