Amidst the pandemic gloom, the Indian IT services sector has been spreading some cheer, with plans to hire thousands of engineers in the coming months. Of the 19 sectors tracked by jobs portal Naukri.com for hiring trends, the February 2021 hiring index value was higher in only 3 sectors as compared to February 2020. H1-B WallAt the same time, IT companies are under pressure to increase hiring abroad instead of sending coders from India on H-1B visas. The US will need the 56,000 people with computing skills on H-1B visas (of the 85,000 H-1B visas issued by it annually) since there is a shortage locally, says a recent report by the National Foundation for American Policy (NFAP), a not-for-profit. Ultimately, Indian companies have to find a balance between hiring in the US and sending Indians on H1-B visas.

Source: Mint April 20, 2021 06:00 UTC