Business Update21 Sept 2025, 09:01 pm
Cyient Ltd Unaffected by Increased H1B Visa Fees
AI Summary
Cyient Ltd has announced that the recent increase in H1B visa fees by the US Government will not have a material impact on its financials for FY26 and the immediate term. For FY25, the company had 6 employees deployed on H1B visas. Cyient's philosophy is to build a global engineering and technology enterprise, with a local approach to talent building and a global outlook, which it believes mitigates risks in today's rapidly evolving world.
Key Highlights
- Cyient Ltd unfazed by increased H1B visa fees
- 6 Cyient employees deployed on H1B visas in FY25
- No material impact on Cyient's financials for FY26 and immediate term
- Cyient's philosophy of building a global engineering and technology enterprise
- Local approach to talent building and global outlook as risk mitigation strategy