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Indian IT cos to pay 40% higher wages due to new visa rules: US think tank

Major players likely to ramp up local hires in US and go for offshoring to dodge visa and other cost issues

US visa | Indian IT services firms | US government

Sai Ishwar  |  Mumbai 

US Visa
Among the global tech giants, Apple Inc will have to pay $89.03 from $67.07 per hour while Amazon's wages jumped to $74.70 from $59.53 per hour

Indian IT service providers may need to shell out 40 per cent higher on for H-1B and other non-immigrant visas as a result of the hike in minimum by the US Department of Labour (DOL), according to US public policy think tank Cato Institute.



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First Published: Tue, October 20 2020. 17:43 IST