Outsourcing to India would be hit due to the ongoing slowdown in the US economy, said US Charge d' Affaires Steven J White.
Speaking to the media after inaugurating the consular services at the Consulate General of the US here on Tuesday, he said the demand for US visas was softening in India in view of the slowdown in the US economy. “The demand (for visas) would increase when people start spending,” he said without specifying a time frame for the demand to rebound.
The US would continue to cap the number of visas to be issued in India at 65,000 per annum. The demand for H1 B visas was likely to increase following the bailout packages announced by the Obama government. “The US is going through difficult times. It is a matter of concern for the trade communities both in the US and India,”' he said, adding slowdown would not impact the activities of the US Mission to India.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
