Colossal Trump Visa Blunder Likely to Boomerang, Boost Tech in India | GRAVITAS
U.S. President Donald Trump’s decision to impose a $100,000 fee on new H-1B visa applications, has sparked panic and uncertainty across the global tech sector.
On Monday, it triggered immediate market reactions with Nifty 50 falling 0.49%, BSE Sensex dropping 0.56%, and Nifty IT plunging 3%.
But what is being marketed by the Trump administration as a bid to save American jobs, is being see in India as an opportunity.
Former NITI Aayog CEO Amitabh Kant says this could redirect global talent, labs, and innovation to India, creating a huge opportunity in AI, semiconductors, defence tech, and deep-tech startups.
As the U.S. tightens its visa policies, India could position itself as the next global hub for innovation and tech talent.
#trump #india #h1b #wion
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