Indian technology companies have emerged as major beneficiaries of the United States' H-1B visa program in 2024, securing nearly 20 percent of the visas issued.
According to data from the US Citizenship and Immigration Services (USCIS), Indian firms were granted 24,766 of the 130,000 H-1B visas issued during the April-September period.
Leading the charge was Infosys, which obtained 8,140 visas, followed by Tata Consultancy Services (TCS) with 5,274 and HCL America with 2,953. Overall global tech giant Amazon topped the list with 9,265 visas, narrowly edging out Infosys. Cognizant ranked third overall, securing 6,321 visas.
Other notable Indian companies included Wipro, which received 1,634 visas, and Tech Mahindra, with 1,199 approvals. These figures underscore the continued reliance of the US technology sector on skilled professionals from India.
However, the H-1B visa program will see significant cost increases starting in 2025. The application fee will rise from $460 (₹38,400) to $780 (₹65,100), while the registration fee will jump from $10 (₹840) to $215 (₹17,950). These changes are expected to impact both employers and applicants navigating the already competitive process.
Elon Musk, a former H-1B visa holder and CEO of Tesla, has expressed strong support for the program. In a post on X (formerly Twitter), Musk said, "Anyone—of any race, creed, or nationality—who came to America and worked like hell to contribute to this country will forever have my respect. America is the land of freedom and opportunity."
Musk’s sentiments reflect a broader recognition of the importance of attracting global talent. However, the program has faced scrutiny in the past, including restrictions imposed by former President Donald Trump in 2020. While Trump initially cited concerns about foreign workers replacing American jobs, he has since adopted a more measured stance, advocating for balanced reforms.
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