Nasscom stated that Indian technology companies have significantly reduced their dependence on H-1B visas over the past few years. This clarification follows the U.S. suspension of the PERM process for green cards.

The industry body emphasized that it has consistently maintained that immigration and skilled talent mobility are two distinct issues. The statement addresses concerns regarding the transition from H-1B visas to permanent residency through the PERM process.

Clarification on visa transitions

Nasscom noted that the number of employees transitioning from H-1B visas to permanent residency through PERM is also limited. This point was made in the context of the recent regulatory changes in the United States.

The organization's stance highlights a strategic shift in workforce planning among Indian IT firms. By reducing reliance on specific visa categories, these companies aim to mitigate regulatory risks associated with international mobility policies.

Key takeaways

• Nasscom maintains that immigration and skilled talent mobility are separate issues.
• Indian tech companies have significantly cut their dependence on H-1B visas in recent years.
• The number of employees moving from H-1B to permanent residency via PERM is limited.

India's technology services sector will continue to remain central to global enterprise transformation in the AI era, generating an estimated USD 10 to 12 billion in AI services revenue. This insight emerged from the Nasscom US CEO Forum held on June 26, 2026, at the Consulate General of India in New York City. The forum brought together Governor Matt Meyer, Secretary Charuni Patibanda-Sanchez, and CEOs of leading Indian technology companies operating in the United States to discuss the sector's trajectory.

Leaders emphasized that AI does not reduce the relevance of technology services but changes how services are delivered and scaled. While AI will bring productivity gains and compress standardized work, it will expand demand for technology orchestration, data readiness, application modernization, AI governance, cybersecurity, and industry-specific solutions. The sector is already advancing, with nearly 25% of technology services companies moving AI experiments into production.

The industry currently boasts more than 2 million professionals skilled in AI, with 100,000 to 200,000 trained in advanced AI capabilities. Additionally, around 85% of technology service providers now have agentic AI platforms. Ravi Kumar S, Chair of the Nasscom US CEO Forum, noted that the next phase of AI requires converting capability into production value through data readiness, workflow redesign, secure deployment, and governance—areas where Indian companies have deep experience.

Rajesh Nambiar, President of Nasscom, stated that the rationale for enterprise technology partnerships remains strong in the AI era. He highlighted that companies will need specialist partners to deploy and scale AI responsibly, integrating models, applications, data platforms, cloud environments, and cybersecurity controls into a reliable operating model. The value of IT services will increasingly lie in making these systems work together securely and efficiently.

Agentic AI is expected to open USD 300 to 400 billion in additional addressable spend pools for technology services by 2030 across data for AI, legacy modernization, agentic workflows, AI operations, cybersecurity, and AI governance. India is well-positioned for this transition due to its global delivery maturity, deep enterprise technology capability, large AI-skilled workforce, and growing ecosystem across AI platforms, startups, GCCs, and sovereign AI solutions.

Future growth will be driven by enterprise AI transformation, AI foundations, application modernization, AI operations, trust and governance, and vertical AI solutions. Business process services will shift from transaction execution to intelligence operations, with AI automating routine work and human effort focusing on supervision, exception handling, analytics, and decision support. The sector's growth will depend less on linear headcount addition and more on platforms, domain solutions, proprietary assets, and outcome-based delivery.

Key Metrics and Projections