US green-card suspension poses little near-term risk to Indian IT, analysts say
INFY•Analysts said Indian IT firms are unlikely to face near-term fallout from the US suspension of the PERM green-card programme, with the firms accounting for less than 2% of applications from October 2024 to September 2025. Nasscom said companies have reduced their reliance on H-1B visas and expanded US local hiring.
1. Limited near-term exposure
Indian IT firms are unlikely to face near-term fallout from the US suspension of the Permanent Labor Certification programme, analysts said. ICICI Securities said the move could weigh on sentiment and longer-term talent retention, while Indian IT firms accounted for less than 2% of PERM applications filed between October 2024 and September 2025.
2. Hiring and market reaction
Nasscom said IT firms have significantly reduced their dependence on H-1B visas and expanded local hiring in the US. Tata Consultancy Services said the suspension would not affect its workforce strategy or client engagements, citing single-digit PERM applications over the past two years. India's IT index rose about 3.5%, led by TCS after upbeat second-quarter results.
3. Sector uncertainty
The suspension comes as AI-led disruption affects India's $315 billion IT industry and after the US administration increased H-1B visa fees. The article said Indian IT stocks had fallen 25% this year, compared with a 14% drop in the benchmark; an analyst warned that greater reliance on US talent and subcontracting could raise hiring and compliance costs and weigh on margins.
