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US visa fee hike not to have adverse impact: Narayana Murthy

IANS  |  New Delhi 

The recent hike in US visa fees will not have an adverse impact on the Indian IT industry growth, founder N.R.Murthy said here on Friday.

"I don't think it is an issue at all... $2,000 or $4,000 that doesn't matter. The important thing is that you have to provide excellent value to customers," he told reporters after holding a meeting with the Communications Minister Ravi Shankar Prasad.

The US Congress has slapped a special fee of up to $4,500 on the H-1B and L-1 visas, used mostly by Indian tech employees going to the US for work.

Murthy said the value of Indian IT services industry is so high to the US corporations that these issues will not come in the way of the Indian It industry growth.

First Published: Fri, December 18 2015. 19:48 IST