Infosys (INFY) has become the latest Indian IT company to hit out at President Donald Trump’s pledge to restrict the number of visas made available to foreign tech workers.

In its annual filing with the U.S. Securities and Commission​, the firm admitted that the U.S. government's bid to make H-1B and L-1 temporary work visas more difficult to obtain risked crippling the company and its Indian IT peers, which are the biggest users of the program. As a result, Infosys, which generates about 62 percent of its sales from North American clients, warned that if the proposals become law, its “business, revenues and operating results” are likely to decline significantly. (See also: The H-1B Visa Issue Explained.)

“The U.S. Administration and the U.S. Congress have indicated that they intend to significantly reform the visa processes regarding the admission of high-skilled temporary and permanent workers,” the company said in the filing. “If any such provisions are signed into law, our cost of doing business in the United States would increase and that may discourage customers from seeking our services. Further, such laws could disrupt supply chain of our talent and impact our onsite costs and profitability thereby affecting our operations and profitability. This could have a material and adverse effect on our business, revenues and operating results.” (See also: Infosys has Room to Grow Despite Visa Scare: Here's Why.)

Infosys's warning came less than a week after its peer, Indian information technology services company Wipro (WIT), made a similar admission. Like Infosys, Wipro claimed that the proposed visa law changes would greatly increase its operating costs in the U.S. and potentially make it lose customers, issues that consequently are expected to have a negative impact on company profits.

Earlier this year, Trump and his administration laid out plans to prevent companies from abusing the H1-B visa program, one of the most popular pathways used to enable foreigners to work in the U.S. This forms part of the government’s pledge to encourage firms, particularly the huge number of Indian companies that use these visas, to employ more Americans. (See also: Trump Admin Begins Crackdown on H-1B Abuse)

Critics argue that big IT outsourcing firms such as Infosys, Tata Consultancy Services and Wipro have been gobbling up an unfair amount of these visas in order to secure cheap foreign labor. These companies have hit back, arguing that there is a shortage of high-skilled temporary workers in the U.S. that fit their requirements.

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