Possible H-1B visa restrictions under Trump: A win-lose situation for India

US President-elect Donald Trump’s possible H-1B visa restrictions may encourage India’s self-reliance efforts under Prime Minister Narendra Modi’s Atmanirbhar Bharat initiative. A report by the State Bank of India (SBI), released on Monday, suggests that while tighter visa rules would likely increase costs for Indian IT firms in the US, they could also lead India to focus more on local manufacturing and economic independence.