Value Creation by Indian IT companies to the U.S. economy | NASSCOM
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Value Creation by Indian IT companies to the U.S. economy

Indian IT companies provide significant positive contribution to the U.S. economy – they are a net creator of American jobs, protect millions of U.S. jobs by improving competitiveness of U.S. companies, invest billions of dollars in the U.S. by way of taxes paid, investments made and CSR activities. It is a myth that Indian IT companies obtain most of H-1B visas, and that American workers are losing jobs to less qualified foreign workers on visa programs who are paid less than them. This document provides fact based arguments to counter each of these myths; using statistics from U.S. Government and academic sources. We also urge policymakers to look at a holistic immigration policy regime as the Indo-US strategic, bilateral trade and innovation partnership is critical for both countries.

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