United States work visa suspension unlikely to impact operations, says Infosys COO

New Delhi: Infosys NSE 13.58 % on Wednesday said the suspension of H1-B visas by the US does not make “logical sense”, even though the move is unlikely to impact the IT services major as it has been investing in ramping up local hiring in the country. “On the H1-B visa, obviously it doesn’t really make any logical sense…various independent studies have clearly demonstrated the value that Indian IT service providers bring to the US economy and how they make the American companies very competitive. Having said that, in the short-term, we don’t see any impact,” Infosys COO UB Pravin Rao said in a post-earnings conference.

He added that there has been zero travel due to travel restrictions amid the COVID-19 pandemic, and therefore, till December-end, the move by the US administration is unlikely to make any difference.