If the backlash of the proposed immigration reforms wasn’t bad enough for the Indian IT sector, sources told CNBC-TV18’s Kritika Saxena that the H1B visa rejection rates for the Indian IT sector may have touched an all-time high.
The applications for H1B visa for FY14 began in April, and within a week they touched 65,000. As per the initial data that has been collected, the H1B visa rejection rate for Indian IT companies has touched 60 percent, the highest that it has ever touched.
The issue of H1B visa rejection has been on and the industry body The National Association of Software and Services Companies (Nasscom) has been taking it up since some time.
Given the fact that 60 percent is the highest, sources told CNBC-TV18 that Nasscom will be taking this up with US government officials and a couple of government officials from India as well.
The last available numbers were those for FY13, and they were the highest at 45 percent. So, this clearly beats that. Sources say that Nasscom is also preparing a set of recommendations for probably lessening the impact of the proposed immigration norms on Indian IT companies.
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H1B visa rejection rates at all-time high for Indian IT cos
Posted on May 6, 2013