Infosys, TCS, and other Indian-origin tech firms secured a significant 20% of the total U.S. H1B visas issued in 2024, with Infosys and TCS leading the list.
According to data from the U.S. Citizenship and Immigration Services. The period from April to September 2024 saw 1.3 lakh H1B visas issued, with Indian-origin companies being major beneficiaries, particularly in the tech sector.
Infosys emerged as the leader among these companies, securing 8,140 H1B visas, followed by Tata Consultancy Services with 5,274. HCL America and Cognizant also had significant numbers, with 2,953 and 6,321 visas, respectively. The largest recipient overall was Amazon Com Services, which topped the list with 9,265 visas.
Meanwhile, Wipro has consistently ranked among the top employers for H1B visa holders, securing 1,634 visas in 2024. Tech Mahindra also saw strong participation with 1,199 visas, reinforcing the influence of Indian firms in the U.S. tech labour market.”
While these firms continue to benefit from the H1B program, ongoing policy changes and public sentiment around foreign workers are expected to shape the future of the program.
Going forward, all eyes will be on Donald Trump as he assumes the role of U.S. President in an iconic inauguration on January 20.
Infosys’ share price traded 0.02% higher at ₹1,939.20 at 3:05 PM on the NSE, while TCS’ share price traded 0.03% lower at ₹4,098.70. Wipro’s share price was down 0.08% at ₹294.20, while Tech Mahindra slipped 0.07%, trading at ₹1,688.20.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 6, 2025, 3:15 PM IST
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