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US visa tremors rock Indian information technology

Numbers suggest that tech MNCs are applying for more H1B visas than Indian IT companies

US President Donald Trump holds breakfast meeting with small business leaders at the Roosevelt room of the White House in Washington, on Tuesday
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US President Donald Trump holds breakfast meeting with small business leaders at the Roosevelt room of the White House in Washington, on Tuesday. (Reuters)

Ayan PramanikShivani Shinde Nadhe Bengaluru/ Pune
India’s information technology industry will face short-term challenges if the Bill to double minimum wages for H1B visa-holders is passed in the US Congress. The impact will be felt by American technology companies such as IBM, Accenture and Microsoft, which have been sending Indian engineers on these visas to the US.

A California lawmaker Zoe Lofgren on Tuesday introduced a Bill in the US Congress requiring companies that employ workers on H1B visas to double their minimum pay to $130,000 a year, the first revision  proposed in nearly two decades. The legislative process will take time.

US President Donald Trump

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