H-1B cap reached, majority of applications by Indian companies

The US government is believed to have received about 250,000 petitions for H-1B visas -- the most sought after American work visas -- with a majority of them being from either Indian companies or having huge footprint in India.
The US Citizenship and Immigration Services yesterday said it has reached the Congressional mandated cap for H-1B visas in the general category and also the 20,000 for those who completed higher education from inside the US in STEM (science, technology, engineering and mathematics) subjects.
USCIS did not give the number of H-1B petitions it received since April 1, when it started accepting applications for this most coveted visa for the fiscal year 2017 beginning October 1, this year. But, it says the successful petitions would be determined by a computerised draw of lots.

"We had 230,000 H-1B visa petitions last year. I think, this year it is going to be higher. We think 250,000 H-1B petitions were filed this year," Bill Stock, incoming president of American Immigration Lawyers Association (AILA) and a founding partner of Klasko Immigration Law Partners told PTI in an interview.
Stock's estimates are based on his experience and interaction with lawyers and those groups who mostly file H-1B visas. This is fourth consecutive year that the Congressional mandated cap has been reached in the first five days of the filing. "Unless the economy changes again, we would continue to see it," he said.

Majority of these estimated 250,000 H-1B visa applications are "certainly" either by companies that have Indian owner like TCS or companies that have substantial operations or development centres in India like IBM, Stock said in response to a question.
The recent increase on certain category of H-1B visas, he said, "may have had a little impact" on Indian companies. "But I think their business so much depends on H-1B and being able to send people on projects, they (Indian companies) are going to pay fees on those petitions," Stock said.