Sources at the US Consulate told CNBC-TV18 that Indian companies got 72,429 H1-B visas in FY11 compared with 51,664 in FY10. Compare this China which received 10,849 H1-B visas in FY11 and 11,242 in FY10. Regarding the receipt of L-1 visas, in FY11 the US issued India 26,919 in FY11 as compared to 36,821 in FY10. China got 3,241 in FY11 versus 2,437 in FY10.
High rejection rates, documentation, increased costs and absence of clarity on when the Comprehensive Immigration Bill will get passed are forcing companies to increase onsite hiring which has resulted in increased costs. This also put all companies on a cautious footing on the number of visa applications that will be filed for the current fiscal.
24 Apr 2012