H-1B fee hike to have limited impact on IT firms: Brokerages
By
Binu Mathew
The latest US move to sharply increase H-1B visa fees is expected to cause only a limited financial impact on domestic IT services companies, even though it has rattled the industry and triggered concerns of higher costs. According to analysts, the levy will add near-term volatility but will not materially dent margins or earnings, as vendors have steadily reduced reliance on H-1B workers and built alternative delivery models.
