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Trump’s US$100,000 visa threatens India’s US$280 billion IT sector

Donald Trump’s sticker shock on H-1B visas risks disrupting Indian tech firms’ US projects, and is forcing Prime Minister Narendra Modi to once again deal with the fallout from America First policies. The US president’s order on Friday – which requires a US$100,000 fee for H-1B applications – will hurt margins of Indian outsourcers who use the programme to deploy engineers to client sites. That is a blow to India’s US$280 billion IT services sector, which is already grappling with sluggish...


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