U.S. President-elect Donald Trump recently weighed in to back Elon Musk's support for the H-1B visa programme. However, visa statistics during his presidency and beyond convey a different story.
The H-1B visa is a non-immigrant visa that allows U.S. companies to employ foreign workers in specialty occupations requiring theoretical or technical expertise. Technology companies, in particular, rely heavily on the H-1B visa to hire tens of thousands of employees each year from countries like India and China.
While Indians constituted the highest share in the number of visas issued during both Trump and Joe Biden's presidencies, the share of Indians receiving H-1B visas decreased from 72.1 per cent in FY17 to 69.93 per cent in FY19 under Trump. However, this figure rose to 75.66 per cent in FY20 during the pandemic.
This story is from the December 31, 2024 edition of Business Standard.
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This story is from the December 31, 2024 edition of Business Standard.
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