Dependence of Indian IT companies on visas reducing: Nasscom

Chandrasekhar said the resumption was important for smooth conduct of business

R Chandrasekhar  President, Nasscom
R Chandrasekhar President, Nasscom
Press Trust of India New Delhi
Last Updated : Sep 20 2017 | 12:55 AM IST
IT industry body Nasscom on Tuesday said resumption of fast processing of H-1B visas by the US will help Indian technology companies smoothly conduct business even as they continue to focus on reducing their dependence on work visas.

Nasscom President R Chandrasekhar said the applications for work visas by Indian IT companies have halved over the last few years as the companies are leveraging new technologies to reduce dependence on visas to send workers to client sites.

"This is certainly a welcome move. We were expecting this to come. Usually, when priority visa processing is suspended, it is done for 2 months or so. This time, it was more, which was different," he told PTI.

The US has resumed fast processing of H-1B work visas in all categories subject to Congress-mandated limit, five months after it was suspended temporarily to handle the huge rush of applications for the work visas popular among Indian IT professionals.

When a petitioner requests the agency's premium processing service, the US citizenship and immigration services (USCIS) guarantees a 15-day processing time.

If the 15-day processing time is not met, the agency will refund the petitioner's premium processing service fee and continue with expedited processing of the application.

Chandrasekhar said the resumption was important for "smooth conduct of business".

"Applications have halved because of issues around visa, including long delays, increased scrutiny, and also because of changing business models, there is increased local hiring," he said.

Chandrasekhar said the premium processing route is important because for special skill sets, it is difficult to anticipate the requirements in advance and file applications.

Nasscom Vice-President (Global Trade Development) Shivendra Singh said the number of petitions granted to the top seven Indian companies has come down to under 10,000 in 2016, from over 18,000 in 2014.

"We are absolutely for it (due diligence for visa issuance) as long as it is not leading to any harassment and unnecessary delays," Singh added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Sep 20 2017 | 12:54 AM IST

Next Story