Firstsource Solutions Ltd. (NSE: FSL, BSE: 532809), part of the RP-Sanjiv Goenka Group, on Sunday clarified that the recent proclamation by US President Donald Trump imposing a $100,000 fee on H-1B visas will have no impact on its workforce or business operations.
In a statement, the company highlighted that it has zero dependency on the H-1B program, as its operations are built on a strong local hiring model and a globally distributed execution framework. This strategy, it noted, ensures resilience and business continuity regardless of immigration regulations.
The company further said it remains focused on strengthening its workforce and expanding its technology-led, outcome-driven transformation solutions under its “UnBPO™” vision.
Firstsource, a global leader in Business Process Management (BPM), serves clients across healthcare, banking, communications, media, retail, and other sectors. It operates with a footprint across the US, UK, India, Philippines, Mexico, Romania, Turkey, Trinidad & Tobago, South Africa, and Australia.
The clarification comes at a time when Indian IT and BPM stocks are reacting to fresh US immigration curbs. Firstsource shares will be in focus in Monday’s session as investors assess the impact of the announcement on the sector.
