H-1B visas: TCS to hire more in US |
India`s top software services exporter Tata Consultancy Services will step up local hiring in the United States and has no plans to cut investments there as it continues to expect robust growth from its biggest overseas market. Girish Ramachandran, head of Asia Pacific region of TCS, told Reuters that in the last four or five years, they have been recruiting heavily in the US. TCS, which earns about 50% of its revenue from the United States, continues to remain bullish about its prospects in the country as the consumption of IT services remains very high. US is the largest market and they expect to continue to be the largest market. India`s $150 billion information technology (IT) sector has been bracing for a reform of the distribution of H-1B visas required for the United States under President Donald Trump`s administration. Indian IT firms use H-1B visa to fly engineers and developers to the United States temporarily to service clients. Companies see increased local hiring and acquisitions as way to beat any immigration challenge.
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