How the H-1B Visa Crackdown Will Affect India's Software Talent

Editor

posted on 7 years ago — updated on 1 second ago

26
views

Here’s how the H-1B visa legislation affects Indian software industries and tech giants in the US.

A legislation has been introduced in the US House of Representatives which among other things calls for more than doubling the minimum salary of H-1B visa holders to $130,000, making it difficult for firms to use the programme to replace American employees with foreign workers, including from India.Here’s how the legislation affects Indian software industries and tech giants in the US: — $1 billion: Contribution of Indians with H-1B and L-1 visas to the US economy— 4.1 lakh: Jobs the Indian IT industry contributes to the United States — $22.5 billion: Contribution of Indian IT companies as taxes to US coffers between 2011-15 — $6.6 billion: Cumulative contribution to social security coffers between 2011-15— 11 of the top 20 tech firms in India are headquartered in the US— 1,20,000+: American lives touched through CSIR efforts of Indian tech firms— 445,000: Shortage of STEM (Science, Technology, Engineering and Mathematics) manpower in US by 2022H-1B visa applications in 2016 by Indian and US firms:Indian Companies

Infosys 33,289

TCS 16,553

Wipro 12,201

HCL America 6,110

Tech Mahindra (US) 6,041American Firms

IBM 13,600

Microsoft 4,575

Google 4,048

Amazon 3,394

Intel 1,694India’s Brightest Exports to Silicon Valley

Satya Nadella | CEO, Microsoft Alma mater: Manipal Institute of Technology

Sundar Pichai | CEO, GoogleAlma mater: IIT-Kharagpur