Indian Companies Expand their Services to the U.S.October 26th, 2012 by gainesvillechamber
Within the past year, Indian companies have focused their attention on moving some operations to the United States and, as a result, increased job creation within the states. In an effort to protect jobs in the U.S., the Obama administration has worked on applying tougher standards for H-1B and L-1 work visas which are motivating some international companies to open satellite locations across the U.S.
In a recent article by Bloomberg News, MindTree, a Bangalore-based Indian outsourcer, was recognized for their recent expansion to Gainesville. The Gainesville location will increase its U.S. headcount of employees to 400 and has promised the state government that it will invest $2.5 million in the region.
“It takes state aid to make the business model work,” said Scott Staples, president of MindTree Americas.
Although it may become more costly to hire American workers, companies need to focus their attention on local hires to acquire contracts with state and local governments.
“A lot of us want to be seen as generating employment in the U.S.,” said Lakshmanan Chidambaram, senior vice president (Americas) at Mahindra Satyam, an IT company.
To learn more about other states that have seen a growth in Indian companies, read the full article in the Bloomberg News.