After 5 months, the US-government restarts premium processing of H-1B visas but the service will only be available for pending petitions. The service was temporarily suspended in April.
Vineet Nayyar, VC, Tech Mahindra said more than just being a good news for us it is a recognition by the US that even if they want to go into Make in America, they would need inputs like any other economy form outside the country, to run an efficient industrial system and technology is one such important input.
Therefore, for them to succeed in their objective it was critical for them to allow import of technology and persons who can handle technology, said Nayyar, adding that India is a major country which can provide technology.
He said, the company is already doing fair amount of off-shore work with US citizens. However, most of our clients found ways of continuing the work and in fact the work for the company increased even during that period, he added.
He is also confident that Indian tech companies are not behind the curve because they have been in a continuous state of adaptations and have been in continuous state of being at the cutting edge.
With regards to business outlook for the company, he said they will see some revenue growth going forward.
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