Donald Trump H-1B visa curbs push US firms to consider shifting more work to India
Donald Trump’s H-1B visa crackdown, opens new tab will hasten U.S. firms’ shift of critical work to India, turbocharging the growth of global capability centres (GCCs) that handle operations from finance to research and development, economists and industry insiders say.
The world’s fifth-largest economy is home to 1,700 GCCs, or more than half the global tally, having outgrown its tech support origins to become a hub of high-value innovation in areas from design of luxury car dashboards to drug discovery.
