10 November 2010
India’s second-largest software exporter plans ahead of US Visa changes
India’s second-largest software exporter, Infosys Technologies Ltd, will hire more US citizens as it tries to overcome the risks from US Visa changes.
India’s software services companies that win outsourcing contracts need US Visas to bring in on-site staff to work as coordinators and provide technical support.
Pending US immigration legislation in the Congress includes a bill that will make it harder for employers to obtain these visas by adding new requirements, higher fees and penalties.
Infosys’s target is to hire 250 US citizens each quarter as a short-term solution to possible policy changes, Chief Executive Officer S. Gopalakrishnan said.
In the long-term, the company plans to reduce its dependence on the North American market, and move into emerging markets such as Brazil, Mexico and China, he said.
Nasscom, the group representing Indian software companies such as Tata Consultancy Services Ltd and Infosys, has been lobbying against the US Visa legislation that would make it harder for companies to bring in employees from overseas for projects.
Nasscom met with President Barack Obama during his visit to India earlier this week to lobby their case.
Infosys designs and builds software programs, maintains computers and provides back-office support for clients including Microsoft Corp and BT Group Plc.