US green card curbs, AI disruption: Why Indian IT giants must rethink their business model
The Donald Trump administration’s decision to cut out Indian IT companies from green card processing is an assault on their business model. The U.S. decree has thrown up an important question about whether Indian giants are capable of reworking their business strategies to deal with the new situation.
This is a relevant question because Washington has poured cold water on the aspirations of thousands of Indians with plans to build a career in the U.S. The move has blocked the pathway for obtaining green card for thousands of Indians who have already applied for it, and many more who were hoping to acquire it.
Stock market outlook: Wipro, HCL Tech results and inflation data in focus
Green card ban: Indian IT sector panics as US hits Tech giants, plans discussions
India calls JD Vance’s ‘indentured servants’ remark deeply offensive: Slams US move against 8 IT firms
‘More global careers will now start from India’: How US green card curbs could boost GCCs
Washington has suspended major technology companies, including Infosys, TCS, Wipro, HCLTech, Cognizant, Capgemini, Microsoft and Adobe, from the permanent labour certification (PERM) programme, which is an important step in the employer-sponsored green card process. These eight companies happen to be major employers for Indian talent.
Indians seeking H1B visa, the first step in the work visa chain, also face some amount of uncertainty. The three-year H1B visa is usually granted twice after which the employees apply for green card. With the green card pathway almost blocked, it is difficult for........
