US-based multinationals stung by the hefty fee imposed on H-1B visas by the Trump administration could step up hiring in India at either their third-party service providers, which are the domestic IT services firms, or at their own global capability centres (GCCs) based in the country, said experts.
The steep H-1B visa costs, seen as a clampdown on the entry of skilled foreign workers into the US, could add costs and margin pressures but accelerate the offshoring momentum, they said, adding that this would boost employment in India and fill the talent…
