Neutral impactSector
Indian IT firms filed few PERM applications compared with US tech majors
Business Standard 2 hrs ago·9 Oct 2026, 2:23 pm
Indian IT companies have significantly reduced their filings for the PERM program, a key visa process for hiring foreign workers in the US. This shift is accompanied by a strategic increase in local hiring within the American market. The move comes as the US administration has paused the program, a decision that has drawn criticism from the industry.
For investors, this development signals a strategic pivot by Indian IT firms. By scaling back on foreign visas and investing more in domestic talent, these companies aim to mitigate regulatory risks and ensure business continuity. This shift could lead to a more stable workforce model in the US, potentially insulating the sector from future policy volatility.
Investors should monitor the pace of local hiring and the company's ability to maintain service delivery standards. While the suspension of PERM creates short-term operational challenges, the focus now is on how effectively Indian IT firms can adapt their workforce strategies to navigate the evolving regulatory landscape.
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- Category: Sector.
- Assessed as a significant, market-relevant update.
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