New Delhi, Dec. 1 -- The top seven Indian-based companies have seen a massive 70% drop in the number of H-1B visa approvals for initial employment in FY25 as compared to FY15, according to a National Foundation for American Policy (NFAP) analysis of USCIS data.

The analysis reveals that the top seven Indian-based companies had only 4,573 H-1B visa petitions approved for initial employment in FY25. This translates to a 70% drop from FY 2015 and 37% fewer than in FY 2024.

"H-1B petitions for initial employment are primarily for new employment, which, for companies, are cases counted against the H-1B annual limit of 65,000, with an exemption of 20,000 for individuals with master's degrees or higher from a US university," the analysis said....