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LTIMindtree to Halt New H1-B Visa Application Filings: CEO Venu Lambu

Written by: Team Angel OneUpdated on: 2 Dec 2025, 5:39 pm IST
LTIMindtree to stop filing new H-1B applications as Indian IT firms face fewer approvals, scrutiny and decline in first-time US visa clearances.
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LTIMindtree will stop filing new H-1B visa applications soon, as per CEO Venu Lambu. The shift comes at a time when Indian IT companies are seeing fewer approvals for first-time petitions in the US, and most now rely heavily on existing visa holders already working onsite. 

New Petitions Drop to Multi-Year Lows 

Figures from the National Foundation for American Policy (NFAP), using USCIS data, show that the top seven Indian IT firms received 4,573 approvals for initial H-1B employment in FY2025.  

This is 70% lower than 2015 and 37% below FY2024. Only 3 India-headquartered companies feature among the top 25 employers for new petitions. Meanwhile, Amazon, Meta, Microsoft, and Google occupied the top four positions for initial approvals. 

TCS Remains the Only Indian Firm in Top Ranks 

TCS is the only Indian IT company among the top 5 employers for both fresh and continuing H-1B approvals.  

It received 846 new approvals this year, compared with 1,452 in 2024. For continuing employment, TCS secured 5,293 approvals, though its rejection rate for extensions rose to 7%, higher than the overall USCIS rate of 1.9%. 

Denial Rates for First-Time Filings 

Rejection rates for initial petitions rose across the sector in FY2025. TCS reported a 2% denial rate, while HCL America stood at 6%, LTIMindtree at 5%, and Capgemini at 4%.  

Continuing-employment petitions saw far fewer rejections, with InfosysWipro and LTIMindtree recording between 1% and 2%. Most firms appear to be focusing on maintaining current workers rather than securing new visas. 

Fewer Approvals 

Approvals for labour certifications in the “software engineer” category have continued to fall. Data from H1BGrader shows certifications declined from 40,378 in 2022 to 23,922 through Q3 2025, pointing to reduced clearances even before visa applications reach USCIS. 

USCIS data for FY2024 indicates an average salary of $136,000 and a median of $125,000 for H-1B workers in computer-related jobs. Around 63% of approved applicants held a master’s degree or higher. 

Read More: Ola Electric Share Price in Focus After Unveiling Nationwide In-App Service Appointment Feature 

LTIMindtree Share Price Performance  

As of December 02, 2025, 9:36 am, LTIMindtree share price was trading at ₹9,136, a 0.27% decrease from the previous closing price. 

Conclusion 

With new approvals slowing and rejection rates rising, Indian IT companies are reassessing their overseas hiring strategies. Reports suggest that LTIMindtree’s decision aligns with a broader trend of relying on existing visa holders rather than filing fresh H-1B applications. 

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: Dec 2, 2025, 12:09 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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