>70% H1B holders are Indian – won't US tech just hire in India for remote work?
6 hours ago
- #H-1B Visa
- #Indian IT Sector
- #Global Capability Centres
- The Trump administration's H-1B visa fee hike may benefit India's Global Capability Centres (GCCs) by discouraging IT talent from moving abroad.
- Experts suggest that fewer employees being sent to the US will lead to more work being shifted to India-based GCCs, increasing demand for specialized roles.
- GCCs will need to invest in skills like AI, cloud, and cybersecurity to remain relevant and add value to their parent organizations.
- Hiring in India's tech industry is expected to shift towards GCCs, with a focus on lateral talent and specialized skills.
- Indians account for 71% of approved H-1B applications, making visa fee hikes impactful on talent flow to the US.
- GCCs in India already employ close to 2 million people and contribute over $46 billion to exports.
- Market experts predict that H-1B policy changes will accelerate the strategic importance of GCCs, shifting them from cost centers to innovation hubs.
- India's demographic dividend and talent availability align with the growth of GCCs in high-value domains like AI and deep-tech.
- Remote work validation post-COVID reduces the need for onsite presence in the US, allowing GCCs to manage advanced work from India.
- Despite positive trends, regulatory scrutiny and global economic uncertainties may temper near-term investments in GCCs.