Latest data reveals that American companies garner most of the H-1B visas, disproving the US administration’s claims that Indian services providers such TCS, Infosys, Wipro and others accounted for a large chunk of them.
The data available with the USCIS (US Citizenship and Immigration Services) and the NFAP (National Foundation for American Policy) said that among the top 30 companies that received 35,120 of the around 65,000 H-1B visas granted by the US authorities in the financial year 2015, at the least count, 19 of them were based out of the US, nine out of India and one out of France
These US companies along with Accenture were granted 19,436 H-1B visas in 2015, which was higher than the 15,136 visas received by the top nine Indian companies. The remainder of the H-1B visas was given to people working mostly with small companies. The top US companies to get the most number of visas were IBM, Deloitte, Amazon and others.
An industry source was quoted by the Financial Express as saying that the grouse of the Indian tech companies was not against US companies receiving a larger share of H-1B visas, but they feel upset that some US officials selectively targeted them.
A study by Madeline Zavodny, who works with the Federal Reserve Bank of Atlanta, discovered that the presence of H-1B professionals did not affect the latest earnings of natives and they did not cause unemployment rates in the US to soar.
Meanwhile, Shivendra Singh, vice-president (Global Trade Development) at Nasscom, said that the Indian tech industry supports nearly half a million American jobs, either directly or indirectly.
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