Infosys says increased rejection of work visa applications may cause delays, raise project costs for clients

Infosys has announced that it is setting up four technology and innovation hubs and hiring about 10,000 locals in the US over a two-year period

Press Trust of India July 23, 2018 07:37:41 IST
Infosys says increased rejection of work visa applications may cause delays, raise project costs for clients

New Delhi: IT major Infosys has flagged off concerns around the increased rejection of work visa applications, and said this could result in delays and increase in project costs for its clients.

The Bengaluru-based company has already been ramping local hiring in key markets like the US to tackle increasing scrutiny around work visas by various governments.

"Recently, there has been an increase in the number of visa application rejections. This has affected and may continue to affect, our ability to obtain timely visas and staff projects. As a result, we may encounter delays or additional costs in managing such projects," Infosys said in a recent regulatory filing.

Infosys also noted that the company may have to apply in advance for visas or could incur additional cost in maintaining such visas that could result in additional expenses.

Infosys says increased rejection of work visa applications may cause delays raise project costs for clients

Representational image. Reuters.

The company also warned that its international expansion strategy and business could be materially adversely affected if the change in immigration and work permit laws impairs its ability to staff projects with local workers.

Previously, Infosys had stated that stricter work visa norms across various markets like the US and Australia will not "constrain" its business growth as the IT firm is focussing on hiring locals and training workforce in these geographies.

"....what we are building with this localisation approach is really gearing towards making sure that our business model evolves in the right way, without sacrificing the best elements of the business model for the future. So, I don't think we see that this is going to constrain our business growth," Infosys CEO Salil Parekh had said.

Over the past many months, there has been increased scrutiny over the temporary work visas in various countries like the US and Australia. This has prompted many Indian IT companies to tweak their business models by reducing dependence on visas and hiring more people overseas, instead.

Infosys has announced that it is setting up four technology and innovation hubs and hiring about 10,000 locals in the US over a two-year period. Of this, about 4,000 people have already been hired.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

BCCI's request for shorter quarantine period for India players in Australia likely to be rejected, says report
First Cricket News

BCCI's request for shorter quarantine period for India players in Australia likely to be rejected, says report

India are keen on a reduced quarantine and wants the players to be allowed to train in a bio-secure bubble instead of being restricted to a hotel room, which, the BCCI fears, can take a toll on the fitness of its players.

Sydney and Canberra could host India's limited-overs series against Australia, says report
First Cricket News

Sydney and Canberra could host India's limited-overs series against Australia, says report

The Indian team was initially supposed to land in Brisbane but apparently Queensland state health authorities won't allow the visitors to train during the mandatory 14-day quarantine period.

BCCI Apex Council to meet on Saturday for discussing quarantine period before Australia, England series
First Cricket News

BCCI Apex Council to meet on Saturday for discussing quarantine period before Australia, England series

The stated quarantine period of 14 days in Brisbane before the start of the Australia tour, and the venues and formats for the mega home series against England will be discussed at the BCCI Apex Council meeting on Saturday.