H-1B Visa Fee Hike and Its Impact on the Indian IT Sector
#h-1b visa #indian it sector #economy
The Trump administration has announced a hike in the H-1B visa fees, causing concern for Indian IT outsourcing firms and the overall economy.
Infosys is a pioneering Indian multinational corporation recognized as a global leader in next-generation digital services, consulting, and outsourcing[1][3][5]. Established in 1981 by seven engineers—including N. R. Narayana Murthy and Nandan Nilekani—with a modest initial capital of $250, Infosys began as Infosys Consultants Private Limited in Pune before relocating to Bengaluru (Bangalore) in 1983[5]. The company’s early years involved hardware products, but it quickly pivoted to software services, capitalizing on India’s 1991 economic liberalization to become a major player in offshore custom software development[5]. Infosys was the first Indian IT company to list on NASDAQ, and its employee stock options program created some of India’s first salaried millionaires, setting a benchmark for the industry[1]. Infosys’s business model centers on enabling digital transformation for enterprises across 59 countries, leveraging cloud, artificial intelligence (AI), and agile methodologies to help clients modernize their operations[2][3][4]. The company’s services span IT consulting, application development, maintenance, systems integration, and business process outsourcing. Infosys is known for its innovation ecosystem, which drives continuous improvement through digital upskilling and knowledge transfer[3][4]. Key achievements include being ranked among the Top 100 most valuable global brands by Kantar BrandZ (#73 in 2025) and consistently appearing in the Top 3 IT services brands worldwide by Brand Finance[1][2][4]. Infosys has also been recognized as a Global Top Employer for five consecutive years and named one of the World’s Most Ethical Companies for five years running by Ethisphere[2]. Financially, Infosys reported revenues of US$19.7 billion (LTM Q2 FY26) and a market capitalization of US$68 billion, with over 331,
#h-1b visa #indian it sector #economy
The Trump administration has announced a hike in the H-1B visa fees, causing concern for Indian IT outsourcing firms and the overall economy.