A large chunk of US firms ride on the back of the services provided by Indian companies, information technology secretary Aruna Sundararajan said on Tuesday adding only 17% of the total 85,000 visas issued every year by the US go to Indian companies. “I’m sure that as and when the US government does the meeting for review of the H1-B visa regime, they will take into account what has been the value added by the Indian companies -- the fact that only 17% of the total 85,000 visas go to Indian companies, and that a very large number of US companies actually ride on the back of the services provided by the Indian companies,” said Sundararajan at the inaugural session here of Broadband India Forum. “The Indian government is already in very close co-ordination with the US authorities, and the value proposition and the partnership India has with the US... this is well known. “Some of the companies which have been named have clarified that there is nothing different this year from earlier years. But it would be absolutely incorrect to assume that suddenly this year a large number of jobs are being shed,” she told reporters here.

Source: Hindustan Times May 17, 2017 01:30 UTC