US Green Card Halts Pose Low Risk for Indian IT

Analyst reports indicate Indian IT companies face minimal near term fallout from the US green card suspension. Major technology firms have lowered their reliance on the pathway over recent years.

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Figurines with computers and smartphones are seen in front of TCS: Tata Consultancy Services logo in the illustration taken on February 19, 2024

India's IT sector faces minimal near-term operational fallout from the United States green-card programme suspension, though structural residency hurdles persist. Major providers saw fewer than 2% of total PERM filings over recent cycles, according to industry data. The regulatory shift introduces broader sentiment and retention risks for firms heavily reliant on North American revenue streams.

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