Yes, It will be really very tough time for majority workforce companies like Infosys, Wipro, TCS, Cognizant..and the list goes on. The new Rules which has been imposed on them is really harsh. Most of the workforce required for these companies are graduates basically engineers from reputed institutions. Such kind of students you will find plenty in India. And they really love to do such jobs which send them to US.
But the new Immigration Bill that has been passed recently in April 2013 has caused a serious concern for these companies. The extra burden amount i.e. whooping $10k has to be paid for each individual employee who will be sent to US.
The effect of this Immigration Bill would definitely loosen the Trade unity between India and United States of America. The proposed cap on H-1B visas will instead put a cap on economic growth in both the US and India.
But the new Immigration Bill that has been passed recently in April 2013 has caused a serious concern for these companies. The extra burden amount i.e. whooping $10k has to be paid for each individual employee who will be sent to US.
The effect of this Immigration Bill would definitely loosen the Trade unity between India and United States of America. The proposed cap on H-1B visas will instead put a cap on economic growth in both the US and India.
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