📈 Engineering & Tech Services Giant Tata Tech to Hire More US Locals Amid Visa Crackdown

• Strategic Shift: India's Tata Technologies, a major engineering and technology services provider, will significantly increase the recruitment of local nationals in the US. • Reason: This move directly addresses the US President Donald Trump's wide-ranging immigration crackdown, specifically proposed steep fees on H-1B visas, which are heavily utilized by Indian tech firms. India accounted for nearly three-fourths of H-1B visa beneficiaries last year. • US Market Importance: North America contributes roughly one-fifth (~20%) of the company’s FY 2024-2025 revenue of 51.68 Bn rupees (US$ 587.97 Mn). • CEO Outlook: CEO Warren Harris remains "bullish" on the US market, anticipating a pickup in business within the next 6-9 months as major clients (including Jaguar Land Rover and Boeing) adjust to the new tariff regime. • Financials & Growth: Separately, the firm reported a 5% rise in quarterly profit and plans for more "targeted" acquisitions, following its recent €75 Mn (US$ 87.47 Mn) agreement to acquire German peer ES-Tec Group. The global workforce is already over 70% local nationals in countries including the US and UK.