Trump visa curbs push US firms to consider shifting more work to India
Summary
US firms are accelerating the shift of high-value operations to India's global capability centres due to Trump's increased H-1B visa costs and tightened visa rules, reinforcing India as a strategic innovation hub.
Key Points
- Donald Trump's increase of H-1B visa application fees to $100,000 is pressuring US firms to reconsider labor strategies.
- India hosts over 1,700 global capability centres handling high-value innovation beyond traditional tech support roles.
- US companies are shifting critical work such as AI, cybersecurity, and product development to their India GCCs to bypass visa restrictions.
- Proposed US legislation like the HIRE Act and visa curbs have created uncertainty impacting India-US services trade, but rising GCC demand could mitigate losses.
