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US visa, PERM worries push up IT companies' subcontracting bill

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US visa, PERM worries push up IT companies' subcontracting bill
Photo / Coverage: Business Standard - LatestCredit: Avik Das
EXECUTIVE SUMMARY

Subcontracting costs at eight Indian IT firms rise to 11.3% of revenue as immigration curbs and talent shortages increase reliance on locally hired workers

Key Takeaways

  • US visa, PERM worries push up IT companies' subcontracting bill.

Subcontracting costs at eight Indian IT firms rise to 11.3% of revenue as immigration curbs and talent shortages increase reliance on locally hired workers

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