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70-hour work week pays off? This Indian IT firm leads in H-1B Visas approvals

70-hour work week pays off? This Indian IT firm leads in H-1B Visas approvals

  • 23.03.2025 17:48
  • msn.com
  • Keywords: H-1B Visa, Infosys

Indian IT firms dominate H-1B visa approvals in 2024, withInfosys leading. Changes to the H-1B program aim to streamline processing but may increase costs for employers.

Amazon ReportsAmazon ServicesINFYsentiment_satisfied

Estimated market influence

Infosys

Infosys

Positivesentiment_satisfied
Analyst rating: Buy

Infosys received the highest number of H-1B visas among Indian IT companies in 2024.

TCS

Positivesentiment_satisfied
Analyst rating: N/A

TCS was second to Infosys in receiving H-1B visas, indicating strong market presence.

Context

Analysis of H-1B Visa Trends and Market Implications

Key Facts and Data Points

  • Total H-1B Visas Issued in 2024: 399,403 (including renewals)

  • Indian IT Firms Share: 20% of total approvals

  • Top Indian Companies:

    • Infosys: 8,140 visas
    • Tata Consultancy Services (TCS): 5,274 visas
    • HCL America: 2,953 visas
    • Wipro: 1,634 visas
    • Tech Mahindra: 1,199 visas

  • Top Global Companies:

    • Amazon: 9,265 visas
    • Cognizant: 6,321 visas
    • Google: 5,364 visas
    • Meta Platforms: 4,844 visas
    • Microsoft: 4,725 visas

  • Geographic Breakdown:

    • India: 65% of total approvals (258,196)
    • China: 12%
    • Other Countries: <2%

  • Visa Types:

    • Renewals: 65% (258,196)
    • New Employment: 35% (141,207)

Market Trends and Business Impact

  • Dominance of Indian IT Firms: Indian companies continue to dominate the H-1B visa market, securing a significant 20% share in 2024. This underscores their critical role in the U.S. tech labor market.

  • Increased Scrutiny and Competition: The Trump administration's reforms aim to streamline the process but may increase costs and complexity for employers, particularly Indian IT firms that rely heavily on H-1B workers.

Competitive Dynamics

  • Infosys Leads: Infosys secured the highest number of H-1B visas among Indian companies in 2024 (8,140), trailing only Amazon globally.

  • TCS and Cognizant Follow: TCS and Cognizant remain strong contenders, with 5,274 and 6,321 approvals respectively.

Regulatory Impacts

  • New Selection Method: The shift to beneficiary-centric selection aims to prevent large firms from overwhelming the system, potentially leveling the playing field.

  • Increased Costs: The registration fee hike from $10 to $215 could strain budgets, particularly for companies filing numerous applications.

Long-Term Effects

  • ** FLAG System Changes**: Deletion of records older than five years may complicate compliance and historical data retrieval for legal representatives.

  • Streamlined Process: Online processing is expected to reduce delays but may require significant investment in IT infrastructure by employers.

Future Outlook

  • Global Talent Strategy: Indian IT firms must adapt to evolving regulations while maintaining their competitive edge in the U.S. market.

  • Strategic Workforce Planning: Companies will need to balance H-1B reliance with alternative recruitment strategies, such as upskilling local talent or exploring other visa categories.

This analysis highlights the pivotal role of H-1B visas in shaping the global tech workforce and underscores the challenges and opportunities for Indian IT firms operating in the U.S. market.