The United State’s decision to charge $100,000 for all new H-1B visa applications is a setback for the IT services industry, which will have to further reduce its dependence on that channel.
However, it will provide for the already booming global capability centres (GCCs) in India as US companies use their capability centres to execute a critical part of their technology-based work, according to experts.
Many have labelled the move as America’s loss and India’s gain, as they feel that this will lead to a reverse brain drain, with more people coming back from the US and taking up jobs

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