H-1B Visa changes may alter costs for IT firms

While Indian IT firms may be relieved that proposed changes to the H-1B visa programme are unlikely to be made more restrictive, the adjustments could still significantly alter their cost structures, hiring strategies, and workforce dynamics in the United States, their largest market.

The proposed revisions, which include raising minimum wage requirements and introducing additional fees, may lead to a permanent shift in cost structures for Indian IT services firms.