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Trump’s H-1B visa fee hike to backfire? Wall Street banks set to rely more on Indian GCCs; may deepen presence in India
The Times Of India· 2025-09-22 16:55
H-1B visas also see significant usage from financial and consulting organisations. (AI image)Despite Trump's intention to safeguard American employment through immigration restrictions, analysts suggest these new regulations might encourage banks to strengthen their presence in Indian technology centres like Mumbai, Bengaluru and Hyderabad, which currently provide employment to over 1.9 million individuals.H-1B visas, extensively utilised by technology sectors in India and the US for skilled foreign workers ...