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Trump's H-1B visa crackdown upends Indian IT industry's playbook
Yahoo Financeยท 2025-09-21 15:05
Core Insights - India's $283 billion information technology sector must revise its long-standing strategy of rotating skilled talent into U.S. projects due to the new $100,000 fee for H-1B visas imposed by U.S. President Donald Trump [1][2] Group 1: Impact on the IT Sector - The sector generates approximately 57% of its total revenue from the U.S. market and has historically benefited from U.S. work visa programs [2] - India accounted for 71% of approved H-1B visa beneficiaries last year, significantly outpacing China, which had 11.7% [2] - Trump's changes will compel IT firms to pause onshore rotations, increase offshore delivery, and hire more U.S. citizens and green card holders [3] Group 2: Industry Reactions - Industry body Nasscom indicated that the new visa fee could disrupt America's innovation ecosystem and business continuity for onshore projects [5] - Experts predict that the changes will constrain client-facing roles, negatively impacting IT deal conversion and extending project timelines [6] - Immigration lawyers reported a surge in inquiries due to confusion surrounding the new visa fee, which they deemed excessive [7]