White House welcomes Infosys move to hire 10000 Americans

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The move probably was noticeable when Infosys and other Indian tech giants such as Wipro Ltd. and Tata Consultancy Services were politically targeted in the United States for supposedly crowding out the jobs of USA workers by bringing the foreigners (on temporary visas) to fulfill their clients' service requirement in the country.

The 10,000 new United States jobs will form a small part of Infosys' overall workforce of over 200,000.

"We're glad to see companies like Infosys see opportunity in the American economy again", Ninio Fetalvo, a White House official, said in a statement to The Washington Post.

(AP Photo/Michael Conroy) Dr. Vishal Sikka, chief executive officer of Infosys, announces at the Statehouse in Indianapolis, Tuesday, May 2, 2017, plans to increase its operations in the U.S, establishing four new state-of-the-art technology and innovation hubs in the USA, with the first one in Indiana.

"As work becomes more next-gen, you need a more healthier mix of global and local talent and so, you need to re-think the traditional, what has historically been called global delivery model and bring in a lot more talent locally", he added.

"The bill does not treat all IT service companies with H-1B visa holders equally, and the provisions are biased against H-1B dependent companies", it said in a statement. As the United States government began considering changes to the H-1B, stocks of Indian outsourcing firms like Infosys, Tata, and Wipro lost value.

The new employees will include experienced technology professionals and recent graduates from major universities and local and community colleges.

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New technologies such as artificial intelligence were evolving his company's business, putting more emphasis on local hires who could work closely with customers, he said. The first hub will be opened in IN in August 2017, aiming to create 2,000 jobs for American workers by 2021.

Companies like Tata Consultancy Services, Infosys and Cognizant get the lion's share of visas by putting extra tickets and applying for a large number of visas in the lottery raffle, according to the Trump administration. The professionals who get selected for IN will be trained IN working closely with clients IN the primary industries like financial services, healthcare, retail, manufacturing, and energy.

However, Infosys didn't reveal any of the financial impacts of the plans.

A USA official told the Financial Times that top Indian IT companies pay $60,000 (£46,605) to $65,000 a year, with four out of five workers paid below the median salary that locals get for the same jobs.

Infosys added almost 18,000 jobs in 2015, but just 6,000 in 2016, amid uncertainty about the impact of Brexit and calls from some United States politicians and the public for tougher U.S. immigration rules that led some USA clients to hold-off on new projects.

"The universities, great clients - we have some incredible manufacturing companies, life sciences and pharmaceutical companies, insurance and financial services companies here", Sikka says.

Infosys has been a big user of H1-B visas in the USA, a program under which overseas firms, most often technology companies, move foreign workers to the United States after the overseas businesses declare they can not find enough qualified US workers.