NEW DELHI: IT major Infosys plans to focus more on local hiring in the US and is also looking at setting up development and training centres in the country as part of its efforts to tide over visa-related issues.Infosys has been in favour of a healthy mix of local and global personnel even though hiring locals in overseas markets often pushes up operational costs for IT outsourcing companies.With the US mulling over various measures to make visa norms stricter under the Donald Trump administration, Indian IT firms have been contemplating tweaking their business models and accommodating more locals. "We are closely monitoring the overall situation with respect to visa... in the last 24 months, we have focused on increasing our presence in the US with a lot more local hiring," Infosys Chief Operating Officer U B Pravin Rao told investors on a recent conference call.He added that at this stage, Infosys has not seen any "undue things" that will impact the way it does business. "In this year, we will continue that focus. We will accelerate it. "...our FY17 revenues from new software and software- related services including Mana, Panaya, Skava and Edge grew at more than 42 per cent," Sikka said.He added that the company will report revenues on a quarterly basis from the new software and offerings such as digital, Internet of Things and cybersecurity from this fiscal onwards.The new services are also helping the company generate over $125,000 per year in revenue per employee.

Source: Times of India April 16, 2017 07:29 UTC