Increased H-1B visa fee to have marginal impact on IT sector: Nasscom

NEW DELHI: IT industry body Nasscom has said that the revised H-1B visa fee will have a marginal impact on the sector given the fact that Indian and India-centric companies have been steadily reducing their dependence on H-1B visas.

In a statement issued on Monday, the industry body said that the number of H-1B visas issued to leading companies in this category decreased from 14,792 in 2015 to 10,162 in 2024. Nasscom highlights that for the top 10 Indian and India-centric firms, H-1B workers constitute less than 1 percent of their total employee base, leading the organization to anticipate only a marginal impact on the sector