Will $100K H-1B visa fee hike turbocharge India’s GCC boom? Emkay predicts double-digit growth
The street is busy analysing the impact of higher H-1B visa fee on the tech sector and the Services exports being dragged into the ongoing global trade and tech war. However, can this translate into renewed growth opportunities for the Global Capability Centres?
A recent note by Emkay highlights that with H-1B visa fee hike and US engineers costing nearly five times more than their Indian counterparts, companies may accelerate offshoring, automation, and the shift work to GCCs in India. Emkay also warns that Indian IT export growth may slip below 4%.
