08-16-2010, 02:58 PM
"In FY 2009, Indian tech companies used 4,809 new H-1B visas, which equals to 0.003 per cent of the US civilian labour force, less than 1/100th of 1 per cent," it said, adding "Moreover, H-1B use by Indian companies has declined by 70 per cent between 2006 and 2009."
The new H-1Bs used by Indian companies represented only about six per cent of total initial beneficiaries (new employment), according to US Citizenship and Immigration Services, the report said.
"When information technology services companies whether Indian or non-Indians perform work in the United States it is only because US companies believe such work makes their businesses more profitable," it said.
Read more: India not taking American jobs: US Chamber - International Business - Business - The Times of India http://timesofindia.indiatimes.com/busin...z0wl8v0GAy
The new H-1Bs used by Indian companies represented only about six per cent of total initial beneficiaries (new employment), according to US Citizenship and Immigration Services, the report said.
"When information technology services companies whether Indian or non-Indians perform work in the United States it is only because US companies believe such work makes their businesses more profitable," it said.
Read more: India not taking American jobs: US Chamber - International Business - Business - The Times of India http://timesofindia.indiatimes.com/busin...z0wl8v0GAy