New Delhi, Sep 22
The US government's order, which restricts entry for H-1B visa petitioners unless they pay a one-time fee of $100,000, is unlikely to significantly impact large- and mid-cap IT services firms in India, a report said on Monday.
The restrictions can be addressed through increased local hiring, subcontracting, or offshoring, a report from fund management firm Equirus said.
The restriction, unless extended, will remain effective for 12 months from September 21, 2025, unless renewed and applies solely to new visa applicants.
Equirus estimated that the fee would lower the operating profit margins of large-cap IT companies by only 7 to 14 basis points if it only applies to new H-1Bs, and by 26 to 49 basis points if it includes new and existing visa holders outside the US.