Fee hike could accelerate offshore delivery, improve competitiveness; AI adoption, re-skilling initiatives expected to provide medium-term growth opportunities
China is set to roll out a new K-Visa for young science and technology professionals from October 1, even as the US imposes a $100,000 fee on H-1B visas
US tariffs, visa issues, geopolitical tensions, and AI disruption have plunged the IT services industry into an uncertain period
Emails sent to TCS, Infosys, Wipro, HCLTech, Meta and others remained unanswered
Experts say that such prohibitive costs may force IT services companies to keep their prospective visa employees in India
Trump's $100,000 H-1B visa fee sparks panic among Indian doctors, nurses and IT firms, though exemptions for healthcare may soften the blow
Analysts say Indian IT firms can offset the impact of the $100,000 H-1B visa fee through higher offshoring, reduced new applications, and client cost sharing over the medium term
Speaking at an event in New Delhi, Sanjeev Sanyal today questioned why IT firms in India send people to the US, noting their work does not require physical relocation
Sensex Today | Stock Market Close Highlights, Sept 22: US President Donald Trump's new H-1B visa fees rule triggered panic selling among investors, especially IT shareholders, on D-Street today
Nasscom further said that with the fee being applicable from 2026 onward, companies have time to further expand skilling programs in the US and enhance local hiring
The BSE IT index also fell 3.5 per cent in the intraday trade. Thus far in calendar year 2025, the BSE IT index has underperformed the market by sliding 19 per cent
On the bourses, the Nifty IT index is the worst-performing sector so far this year. The index is down 16 per cent in 2025
The domestic currency opened 7 paise lower at 88.17 against the dollar on Monday, according to Bloomberg
For Arun Kumar (name changed), a techie from south Tamil Nadu, the past 30 hours have been a whirlwind of stress and frantic search for a flight ticket to the US
Another silver lining for the companies and the markets, analysts said, is the falling dependence on the H-1B visa in the last few years.
The move is a protectionist measure by the US government and it would also affect American companies as it would be difficult to get talented manpower into the US, he said
People who are standing in boarding lines at airports, people who are leaving for their own wedding tomorrow, things like that. They are cancelling because they don't know what to do
State IT and Industries Minister D Sridhar Babu, who condemned Trump's move, said it would have an adverse impact on Indian tech companies and job aspirants
Data from the US Citizenship and Immigration Services (USCIS) reveals that out of the top 10 beneficiaries of the H-1B programme in 2025, only two are Indian IT services firms and the rest are global
Trump's $100,000 H-1B visa fee stirs anger in US and India, with doctors, tech firms and policy experts warning of devastating fallout