Donald Trump should see the H-1B visa issue differently, says India's IT lobby
NASSCOMexpects Trump to issue more and more H-1B visas to Indian nationals and Indian companies in the US.
- USCIS data showed petitions increased from 6% in FY2015 to 24% in the first three-quarters of FY2019 for
She added that “most H-1b visas are going to US companies and not to Indian companies. But India is contributing a lot to innovation in the US and the country has to recognize that. The narrative has to change”.
Ghosh believes that the US has a huge shortfall in talent in stem and technology, and is dependent on India for “talent”.
According to the data from the
The National Foundation for American Policy (NFAP) analysis of USCIS, denial rates for H-1B petitions increased to 24% in FY2019 from 6% in FY2015 for new H-1B petitions.
According to NASSCOM, the Indian IT firms contribute $58 billion to the US GDP, which is higher than what six individual US states contribute. Most of the Indian work with more than 75% of the Fortune 500 companies — the majority of which are American enterprises.