Reduced hiring in the US market due to the lingering impact of the global financial crisis has resulted in a spike in the number of non-resident Indian (NRI) resumes received by Indian human resources (HR) companies.
Over 15,000 NRI resumes have accumulated in the inboxes of headhunters, and the number is set to increase, say HR executives.
A good proportion of H1-B visa holders - about 50,000 - had their visas issued in 2002 and 2003. Come 2009, most of these visas (which are work permits issued for a fixed period), with a validity of six years, expired.
The number of H1-B visa holders who have applied for jobs in India is now said to be between 15,000 and 20,000.
Text: Business Standard
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