New Delhi, September 22: Fourteen of the largest Indian technology companies in the US had an aggregate of 6,663 H-1B visas approved for initial employment in 2019-20, the Parliament was informed on Tuesday.
"...the 14 largest Indian technology companies in the US had aggregate 6,663 H-1B visas approved for initial employment in the financial year 2019-20," Minister of State for Electronics and IT Sanjay Dhotre said, citing data from industry body Nasscom. Also Read | What is FinCen Files Leak? What Could be The Implications in India?.
These form 7.9 per cent of the total 85,000 H-1B visas approved for cap and cap-exempt initial employment, he said in a written reply to the Lok Sabha. "These 14 companies form 85-90 per cent of the H-1B visas issued to all Indian technology companies," Dhotre said. Also Read | 2020 Ford Endeavour Sport Edition Launched in India at Rs 35.10 Lakh; Features, Specifications & Other Details.
The actual impact on Indian IT companies due to restrictions imposed by the US on H-1B visas can only be gauged in course of time, the minister added.
In response to a separate query, Dhotre said 190 companies have been allocated a total of 51,297 BPO/ITES seats to set up 276 BPO/ITES units across the country under the India BPO Promotion Scheme (IBPS). "Out of these, 249 units have started operations providing direct employment to over 36,000 people," he added.
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