In fiscal year 2026, approvals for H-1B visas among major Indian IT firms, including TCS, Wipro, and Tech Mahindra, plummeted by nearly 40%. This decline is attributed to recent changes in U.S. immigration policies and the implementation of a wage-weighted lottery system, which has impacted the number of approvals granted to these companies.
Key Details:
- H-1B approvals fell by nearly 40% for TCS, Wipro, and Tech Mahindra in FY26.
- Infosys was the only major Indian IT firm to see an increase in H-1B approvals.
- The decline is linked to U.S. policy changes affecting visa allocation.
- The new wage-weighted lottery system has contributed to the reduced number of approvals.
This significant drop in H-1B approvals may affect the ability of these firms to hire skilled foreign workers, impacting their operations and growth in the U.S. market. Need help with your immigration case? Visit QuickFiling.us for professional immigration services.
Source: moneycontrolcom