Indian IT Firms Resilient Amid H-1B Visa Policy Changes, Report Suggests Strategic Adjustments - PRESS AI WORLD
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Indian IT Firms Resilient Amid H-1B Visa Policy Changes, Report Suggests Strategic Adjustments

share-iconPublished: Friday, January 03 share-iconUpdated: Friday, January 03 comment-icon11 months ago
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INDIATIMES
Indian IT Firms Resilient Amid H-1B Visa Policy Changes, Report Suggests Strategic Adjustments

Credited from: INDIATIMES

  • The **H-1B visa** program is crucial for addressing the **US technical talent shortage**, allowing skilled workers, particularly from India, to migrate.
  • A ***Macquarie Research*** report highlights opportunities for Indian IT firms, despite their small share in total H-1B sponsorships.
  • Concerns regarding a proposed **nationwide wage floor** for H-1B holders may affect economic disparities between US regions.
  • Macquarie recommends shifting to a **non-employer-specific work permit** model, enhancing worker flexibility and rights.
  • The Indian IT sector remains intertwined with the US market, presenting both challenges and potential growth paths amid regulatory changes.

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