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.
US President Donald Trump's decision to raise H1-B visa fee to USD 1,00,000 annually poses significant cost challenges to Indian IT companies and will be disruptive in near term, said Former Chairman of Nasscom BVR Mohan Reddy on Saturday. He also said the move could also push Indian IT firms to accelerate local hiring in the US, strengthen global delivery from India, and move up the value chainturning a challenge into an opportunity for more resilient models. The sudden USD 100,000 H-1B visa fee poses significant cost challenges for Indian IT companies, and the one-day implementation timeline creates considerable uncertainty for ongoing projects. While this is disruptive in the near term, it also compels us to accelerate local hiring, strengthen global delivery from India, and move up the value chainturning a challenge into an opportunity for more resilient models Reddy told PTI. In a development that could adversely affect Indian professionals in the US, President Trump on Friday
Widespread panic, confusion and concern gripped Indians in the US on H-1B visas on Saturday hours after US President Donald Trump's order to impose a staggering USD 1,00,000 fee on the work visas, with many cancelling their plans to travel to India. While many cancelled plans to travel at the last minute while waiting to board flights to India, several others already in India are scrambling to return amid lack of clarity after Trump on Friday signed a proclamation to raise the H-1B visa fees, weeks before Indian professionals and their families travel to India for Diwali and other year-end holidays. Individuals on H-1B visas as well as those in the US tracking the news spoke to PTI on condition of anonymity and stressed that the underlying emotion among H-1B visa holders and their families right now is that of a crazy sense of panic and worry. There are instances where people have cancelled their travel plans as they were waiting in line to board their flights to India across US ...
Attacking the Centre over US President Donald Trump's decision to raise the H-1B visa fee to USD 100,000 annually, the Congress government in Telangana on Saturday alleged that the NDA regime has failed to address the issue. 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. India tops the list of countries availing H-1B visas, followed by China. Either to bring pressure on the American government or to hold consultations over Trump's actions, the BJP government at the Centre has completely failed in addressing the issue, he told reporters. He further alleged that the central government was troubling states over their rights. Does the Centre not have the time to address the impact on southern states because of several American decisions in recent times? he asked. Sridhar Babu said Prime Minister Narendra Modi and External Affairs Minister S Jaishankar must launch diplomatic ..
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
It said that a one-day deadline to implement the order was concerning as it creates considerable uncertainty for businesses, professionals, and students across the world
US Firm on H1-B Visa Fee Hike: Microsoft, JPMorgan and Amazon warn H-1B staff to stay in the US after Trump's order makes visas cost $100,000 each. Legal challenge underway
Trump raised the H-1B visa fee to $100,000 citing US job losses, but experts say mass displacement is a myth, with 96% of US software developers employed
Trump orders $100,000 H-1B visa fee, hitting Indian techies hardest. Lawyers warn of lawsuits, Microsoft issues travel guidance