H1B visa fee hike may slow India’s IT exports growth to below 4%: Report
Growth in India’s IT services exports could slow to below 4 per cent due to fresh risks from the sharp hike in H-1B visa fees, according to a report by Emkay.
The report noted that it had earlier estimated 5 per cent growth in FY26 and a 7 per cent CAGR over the next five years.
It stated, “Indian IT/software gross/net exports stood USD 181bn/160bn in FY25 and we had assumed 5 per cent growth in net IT services exports for FY26E, with a 7 per cent CAGR growth for next 5 yrs. This could reduce to sub-4 per cent depending on sustained H1B visa-led risks and GCC evolution”.
