H1B visas help American firms |
The H1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise in specialised fields. H1B visas, sought-after by Indian IT professionals, help make U.S. firms competitive globally and contribute to generating jobs locally, India’s envoy said in Washington, amid reports the Trump administration plans to cut down the scheme. The H1B scheme has been crucial in making US companies competitive globally in increasing their client base, in increasing their innovation. And it is the Indian tech industry, which has actually been creating jobs here (in the U.S.), according to Ambassador to the US Navtej Sarna. There are reports and analysis by very respected houses, which say that over 400,000 jobs have been directly and indirectly supported in the U.S.,”he said, adding that Indian tech companies have invested USD 2 billion in four years and paid USD 20 billion in taxes.H1B visa is a non-immigrant visa that allows American firms to employ foreign workers in speciality occupations that require theoretical or technical expertise. The tech companies depend on it to hire tens of thousands of employees each year. Out of every 100, H-1B visas have resulted in support to 183 jobs in the U.S….
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