The long-term debate in US over the issue of immigration and usage of the H-1B visas hasn’t caused much concern for Infosys, as the company feels that it is on par for course during rush up to election time and also proposed an interaction between the US lawmakers and industry for finding out the momentous solution.
According to the Infosys COO, Pravin Rao, they would view this kind of issue related to visas during the time of elections. It is political issue and that we had to deal with that. We require working with industry and the senators for finding out the significant solution.
The H-1B visas provides work permits for temporary period of time for the technology professionals that are provided by the government of the US and it is extensively used by the IT services firms of India, had became a very sensitive issue in the US. There is a opinion that the IT firms from India use these visas for displacing the US workers.
According to Rao, in the technology industry there is obvious realization that there is lack of talent within the market of US and that there is much of Indian capability related to technology which they can leverage.
This opinion has resulted in number of protests, and it also resulted in introduction of new bills for curbing the H-1B visa usage.
Rao also said that the present bill is similar to 50-50 which was there previous year, but also said that it had not seen the day light. The firm is also building efforts for increasing its presence in local geographies which would give a universal identity to the firm.