Donald Trump’s H-1B visa fee increase to $100,000, intended to safeguard US jobs, is reportedly backfiring. US companies are now accelerating the shift of high-value work, including AI and product development, to India’s booming Global Capability Centers. This move could turbocharge India’s rise as a global innovation hub, despite potential future tax hurdles.
‘Gold rush’ moment: Did Trump’s H-1B fee hike backfire? US firms may shift high-value work to India
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