Infosys will have to live with H1B Visa Policy
The Chief Executive Officer of the Indian tech giants Infosys Ltd, Vishal Sikka, disclosed on Thursday that the problem with the H-1B permit in the United States is one that the technological sector in India would just have to get used to eventually.
The firm also advocated for the acceptance of a standard blend of both indigenous and international employment to smoothen the issues currently plaguing them.
“In my opinion, I reckon that the placing of permits in the technological sector is imperative and has been so for the past decade and more, and as such, we need to concentrate on creating standard products irrespective of the permits,” the CEO told newsmen.
The economy share in the continent of North America boasts around 62% of the entire monetary revenue made by the firm annually. As at the quarter ending March 2017, the commercial revenue for the business increased by around 1.3%. The CEO also disclosed that the tech sector would need to concentrate on creating standard products to be relayed to customers in a manner that is well planned and fits within the laws of the area. “It is imperative that we have a great balance between indigenous and foreign skilled workers that both work together to produce the firms’ desired goals.
And for that reason, we are employing technology to bridge that barrier,” the CEO disclosed.
The issue of a permit is one that has plagued and troubled the whole sector for some time now, and it has had to make peace with that fact. The CEO of the firm also noted that the firm is entirely determined by the market of United States’ citizens and is tutoring students on future technological practices to further strengthen their market of talent. “It is a balanced way to approach this issue,” the CEO said. The firm did not state the total number of employees it has about areas in the country. In totality, it recruits more than 2 lakh workers.
The statements are more profound, in the light of the present reforms made by the United States’ government as regards the permit.
Companies in India such as Infosys, Wipro and Tata are heavily reliant of permit issuance to transfer their staff from India to their branches in the United States.
Lately, they have had to cut down on the number of employees being sent on a transfer as the United States are vehemently pushing for the employment of its citizens in the nation.
March 24, 2017
February 22, 2014