The recent changes to the H-1B visa policy under President Trump are prompting major US companies to rethink their strategies, potentially favoring India as a beneficiary. The policy, which increased the cost of new H-1B visa applications dramatically, has put significant pressure on American companies that rely on skilled foreign employees to address critical talent shortages. Industry experts believe that, barring any successful challenges to the visa restrictions, US companies will likely shift high-level work in areas like AI, product development, cybersecurity, and analytics to their India-based GCCs. This approach will prioritize internal operations over outsourcing for strategic functions.
Major tech firms like Amazon, Microsoft, Apple, Google’s parent company Alphabet, along with Wall Street banks like JP Morgan Chase and retailer Walmart, have been among the top sponsors of H-1B visas. These companies have a considerable presence in India but have been hesitant to comment on the sensitive political issue.