US H1-B Bill, if passed, will erode margins of Indian IT companies

The ratings agency said, "If implemented will reduce the talent pool qualifying for such visas and in turn result in either increased employee cost for hiring employees with higher qualification or subcontract work, both of which would increase the cost of operations and pressurise margins."

US H1-B Bill, if passed, will erode margins
US bill will put further pressure on the margins of key Indian IT companies as they generate around 55% - 60% of their revenue from US market. Photo: Pixabay

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x