US companies to move work to India? Donald Trump’s H1B visa fee hike may change firms’ approach

Industry experts say Trump’s pressure on the H-1B visa may be inefficient.

Economists and industry experts say that the pressure of the United States President Donald Trump on the H-1B visa may be inefficient. Trump’s movement to increase the annual wage perpendicular to the H-1B visa applications can shift the critical work of American companies to the centers of India. If the President’s visa for foreign professionals continues to remain in force, US companies may begin to move to high -level studies associated with artificial intelligence (AI), product development, cyber security and analysis.

What do experts say about the possible movements of the companies?

According to Reuters, Ramkumar Ramamoorthy, former General Manager of Cognizant India, said in some cases that such a hurry could lead to “extreme offshoring”. He added that the Coronavirus pandema shows that key technology tasks can be done from anywhere in the world. “More roles will be moved to India or companies will show them close to Mexico or Colombia. Canada can also give advantage.”

What is Trump’s H-1B visa fee order?

Trump has greatly increased the H-1B visa fee up to 100,000 USD-a new initiative in the harsh edition of the US President on immigration. After the Emir caused confusion and panic, US officials announced that it was applied not only to the existing owners or renovations, but to new applicants. The H-1B visa enables companies to employ foreign professionals in private sectors such as technology, engineering and medicine. Indian immigrants continue to be the biggest beneficiary of the US H-1B visa program: since 2010, more than 70 percent of these visas went to Indian workers.