H-1B Overhaul Hits Tech Hard: 2-6% Earnings Dip For Indian Services Firms | Ankur Rudra | Business #ETNOW
H-1B Overhaul Hits Tech Hard: 2-6% Earnings Dip For Indian Services Firms | Ankur Rudra | Business
Ankur Rudra assesses Trump’s $100K H-1B fee hike as a game-changer, pricing out Indian IT labor and spurring offshoring, GCC expansions in India, and nearshoring. Indian IT faces flat FY26 growth amid macro/AI headwinds; quick commerce surges with triple-digit growth, dark stores hitting 5,000 amid rising competition.
#h1bvisahike #indianit #trumpimmigration #quickcommerce #gccexpansion #zomatoblinkit #zeptogrowth #itearnings #offshoring #fedratecuts #etnow
control your money with economic times now.
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