H-1B Visa Fees Skyrocket to $100K: Arvind Agarwalla Explains Implications for Indian IT Pros

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00:00We caught up with Arvind Agarwala of founder of FACT Software Group to discuss the opportunities

00:06of Indian IT professionals amid the H-1B visa paywall and its consequences in the long run.

00:15Let's listen in.

00:17You'd be surprised as to how many thousands of engineers IBM has in India, for example.

00:23Now, why would IBM do all their software development in the US?

00:26For example, country risk mitigation is one part, cost is one part.

00:30For example, the visas is one part.

00:33There are many factors at play.

00:35So if something like this happens and it becomes unaffordable, for example, for the US companies

00:40to hire Indian talent because of this huge increase in the fees, there will be other avenues which

00:46will open up.

00:47For example, if you look at a country like India and you look at the IT spending by the government

00:52sector alone, a lot of talent is required here.

00:55Singapore also wants to take a lead in, for example, the AI space.

01:03So there will be demand there.

01:06So whether the Indian IT professionals go to the US or Europe or Singapore or Vietnam or

01:11Japan, it really doesn't matter.

01:13Of course, for the short term, there will be disruption.

01:16And of course, we can see that happening even with the 50 percent tariffs.

01:19But then again, alternatives will work out.

01:23So there are problems on both counts.

01:25This 50 percent tariff is really for manufacturing.

01:29And this is a services issue.

01:31And this will affect services sectors.

01:35But as you say, definitely in the short run, but perhaps not in the long term.

01:40Oh, absolutely not.

01:41I mean, do you really expect the 50 percent tariffs to be there forever?

01:44I doubt it.

01:46Now, with the 50 percent tariffs coming on the goods, personally, I was expecting something

01:51similar to come in the services sector also.

01:54In what manner, shape or size was still unclear.

01:58But now we know that this is one of the areas which could be covered.

02:02And because the US employs a lot of IT professionals from India, then this was a very natural reaction

02:11to happen.

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