Infosys’ former HR head Mohandas Pai terms new H-1B visa rules as ‘blessing’
The present business model of Indian IT companies — offshore-onsite work ratio of 70:30 would now go up to 90:10, the former Chief Financial Officer of Infosys said.
“It can be done very easily for 70-80 per cent of the business. It will improve their competitiveness and make them better,” he said.
The new regulations would play to the strength Indian IT companies because they have been reducing the number of H1-B visas they collected since 2014, he said.
“So, they are already getting prepared. It will increase the billing because it will create artificial scarcity in America, and allow Indian companies to bill more for work because there are not enough Americans to fill the positions that are needed”, said Pai, who is Chairman of Manipal Global Education Services and Aarin Capital.