Wednesday, July 1, 2026
35.8 C
New Delhi

‘America’s loss will be India’s gain’: Amitabh Kant says Trump’s $100,000 fee on H-1B visa ‘will choke US’

Trump on Friday signed an executive order on Friday that would impose a whopping $100,000 annual fee on H-1B visa applications. The ruling is being seen as a major blow to the US tech industry

India’s former G20 Sherpa Amitabh Kant on Saturday said that US President Donald Trump’s decision to impose a $100,000 annual fee on H-1B visas will hurt America’s innovation while acting as a blessing in disguise for India.

Trump on Friday signed an executive order on Friday that would impose a whopping $100,000 annual fee on  H-1B visa applications. The ruling is being seen as a major blow to the US tech industry, which relies heavily on foreign workers from India and China who use this visa to enter and work in the United States.

STORY CONTINUES BELOW THIS AD

In a post on X, Kant wrote, “Donald Trump’s $100,000 annual fee on H-1B visas will choke US innovation, and turbocharge India’s. By slamming the door on global talent, America pushes the next wave of labs, patents, innovation and startups to Bangalore and Hyderabad, Pune and Gurgaon. India’s finest Doctors, engineers, scientists, innovators have an opportunity to contribute to India’s growth & progress towards #ViksitBharat. America’s loss will be India’s gain.”

Why does it matter?

In just the first half of 2025, Amazon had more than 10,000 H-1B visas approved, while Microsoft and Meta Platforms had more than 5,000 approvals each. The H-1B program in the United States offers 65,000 visas annually to employers bringing in temporary foreign workers in specialised fields, with another 20,000 visas for workers with advanced degrees.

Indians hold approximately 70 per cent of all H-1B visas, meaning over 200,000 Indian professionals could be directly affected by recent policy changes. Major Indian IT firms like Infosys, TCS, Wipro, HCL, and Cognizant, which depend heavily on H-1B workers for their US client projects, are likely to face significant operational challenges.

The impact extends to US Big Tech companies and financial institutions as well. Microsoft, Google, Amazon, Citi, and AT&T are among the largest H-1B employers and now face increased hiring costs and regulatory hurdles.

Startups and research labs in the US may also find it harder to attract top-tier foreign talent due to the added financial and bureaucratic burden. According to immigration experts, the new policy could backfire by pushing companies to offshore more jobs overseas, rather than encouraging the hiring of American workers.

End of Article

Go to Source

Hot this week

New York Fashion Week reveals preliminary schedule featuring 70 shows and presentations

Published July 1, 2026 The CFDA on Wednesday unveiled the preliminary official New York Fashion Week schedule for the upcoming spring/summer 2027 season, with some 70 brands and designers set to showcase in the Big Apple this September. Read More

Pandora unveils creative platform, Brit stylist first collaborator, Paris to get couture week pop-up

Published July 1, 2026 Jewellery giant Pandora has announced a new long-term creative platform “designed to bring fresh cultural relevance to the brand and create new reasons for consumers to engage” with it. Read More

GST Collections Jump 13.9% To Rs 1.94 Lakh Crore In June On Strong Import Growth

Show Quick Read Key points generated by AI, verified by newsroom June’s gross GST collections rose 13.9% year-on-year. Import revenue surged 34.6%, driving overall collection growth. Net GST collections grew 11. Read More

From Bond to Green Lantern: 6 roles Henry Cavill almost landed before Superman

Author Stephenie Meyer wanted Henry Cavill to play Edward Cullen in the ‘Twilight’ adaptation, but by the time casting occurred, he was already twenty-four, which she felt was too old for the teenage vampire. Read More

Gene Wilder’s voice takes AI-generated shape

Gene Wilder’s voice will be AI-generated for Willy Wonka-themed reality show. Read More

Topics

New York Fashion Week reveals preliminary schedule featuring 70 shows and presentations

Published July 1, 2026 The CFDA on Wednesday unveiled the preliminary official New York Fashion Week schedule for the upcoming spring/summer 2027 season, with some 70 brands and designers set to showcase in the Big Apple this September. Read More

Pandora unveils creative platform, Brit stylist first collaborator, Paris to get couture week pop-up

Published July 1, 2026 Jewellery giant Pandora has announced a new long-term creative platform “designed to bring fresh cultural relevance to the brand and create new reasons for consumers to engage” with it. Read More

GST Collections Jump 13.9% To Rs 1.94 Lakh Crore In June On Strong Import Growth

Show Quick Read Key points generated by AI, verified by newsroom June’s gross GST collections rose 13.9% year-on-year. Import revenue surged 34.6%, driving overall collection growth. Net GST collections grew 11. Read More

From Bond to Green Lantern: 6 roles Henry Cavill almost landed before Superman

Author Stephenie Meyer wanted Henry Cavill to play Edward Cullen in the ‘Twilight’ adaptation, but by the time casting occurred, he was already twenty-four, which she felt was too old for the teenage vampire. Read More

Gene Wilder’s voice takes AI-generated shape

Gene Wilder’s voice will be AI-generated for Willy Wonka-themed reality show. Read More

Taylor Frankie Paul checks into a rehab facility

Taylor Frankie Paul voluntarily checks into rehabilitation centre, as her ex-husband files restraining order. Image credits: Instagram TRIGGER WARNING: This article includes references to domestic violence. Read More

iPhone 18 Pro Drop Test Video Leaks Online: Here’s How It Looks

Show Quick Read Key points generated by AI, verified by newsroom iPhone 18 Pro details leaked after supplier data breach. Alleged drop test video reveals iPhone 18 Pro design. Read More

100+ Eminent Indians And Pakistanis Write To Modi, Shehbaz, Call For Talks And Restoration Of Ties

Show Quick Read Key points generated by AI, verified by newsroom Appeal emphasizes reviving people-to-people contact, cultural exchanges. Read More

Related Articles