Former RBI Governor Raghuram Rajan warns that the proposed U.S. HIRE Act poses a greater threat to India’s outsourcing and service export sector than visa fee hikes.
Browsing: Indian IT industry
Amid U.S. H-1B visa curbs, India eyes a “brain gain” as Global Capability Centers drive innovation, jobs, and tech-led growth, says Andhra Pradesh IT Minister Nara Lokesh.
Accenture outpaces India’s top IT firms with $4.8 billion in new business, driven by AI-led growth, record generative AI deals, and diversified digital investments.
Indian officials, led by Commerce Minister Piyush Goyal, are pressing Washington for greater access for skilled IT workers amid Trump’s $100,000 H-1B visa fee and trade tensions.
The Trump administration is reportedly considering putting a 15 percent country cap on H-1B visas.
COLUMN: Part 1 of a series on legal immigration issues in the US.