Analysis of H-1B Visa Data for Indian Tech Firms in 2024

Key Facts and Figures

• Total H-1B Visas Issued: 130,000 (April–September 2024)
• Indian Tech Firms Share: 20% of total visas
• Amazon Leading: 9,265 approvals in 2023, surpassing traditional Indian outsourcing firms

Market Trends and Business Impact

• Shift in Employment Dynamics: American companies like Amazon are increasingly relying on foreign talent for skilled roles.
• Decline in U.S. Labour Representation: Despite growth, reliance on Indian tech workforce remains significant.
• Global Workforce Movement: Reflects evolving industry dynamics and changing employer-employee relationships.

Competitive Landscape

• Top Sponsors of H-1B Visas (2024):
  • Amazon Com Services LLC: 9,265 approvals
  • Infosys Limited: 8,140 approvals
  • Cognizant Technology Solutions: 6,321 approvals
  • Google LLC: 5,364 approvals
  • Tata Consultancy Services Limited: 5,274 approvals
  • Meta Platforms Inc: 4,844 approvals
  • Microsoft Corporation: 4,725 approvals
  • Apple Inc: 3,873 approvals
  • HCL America Inc: 2,953 approvals
  • IBM Corporation: 2,906 approvals

Strategic Considerations

• Dependency on Indian Talent: American companies continue to heavily rely on Indian professionals for specialized roles.
• Visa Program Optimization: Data highlights multiple petitions and extensions but does not track actual employment outcomes.

Long-Term Effects and Regulatory Implications

• Potential Policy Changes: Future regulatory shifts in the U.S. could impact visa availability and employer strategies.
• Global Talent Pool Dynamics: The trend underscores the interconnectedness of global tech workforces and the ongoing demand for skilled labor.