Attorneys predict that after April 1, when the H-1B filing period starts for FY 2014 (for foreign nationals starting work on October 1, 2013), the annual limit will be reached within days or weeks.
The official data from the State Department show that L-1 visa approvals went from 35, 896 in Fiscal Year (FY) 2010 to 25, 898 in India in FY 2011, a drop of approximately 10, 000 visas.