From the American dream to the Indian dream

This report from the release of this week from the CNBC newsletter “Inside India”, which brings you timely, is insightful news and market comments on the emerging power. Like what you see? You can subscribe here.

Recently, it appears that every movement from Washington sends the final tremors directly to New Delhi.

The latest disposal? A 100,000 dollars one -time fee On new H-1B visa requests, with the permission of US President Donald Trump. It is a bold step aimed at Tightening It strikes the most difficult Indian technical talents.

This comes immediately after Trump slapped an additional 25 % tariff on Indian imports last month to buy oil from Russia, which reaches a total of 50 %. Trade and immigration turned into flash points during the Trump era, and India, which is promoting once as an American partner, feels heat.

Indians wander 71 % of H-1B holders. New Delhi He said The proposed changes to it “human consequences” of the caused by families.

American companies are also arrested in Crossfire. More than half of the approved visas The people participating in the computer’s work were releasedAccording to PEW Research, which means not only Indian technical talents that will be difficult to obtain for those companies.

Restrictions can have counterproductive results and generate flexibility.

Just take a look at China. The ban on exporting American chips did not kill the aspirations of artificial intelligence – they fueled progress in this field. Example: Chinese Dibsic Model R1 It was better than Openai’s GPT-4OAccording to third -party tests, but it was trained on H800 chips less than NVIDIA in a small part of the cost.

Can the technology ecosystems in India follow a similar path if the US door begins to close the Indian talent? It is a possibility.

“What this policy will create is incentives for external economic activity,” said Stephen Dorlov, a professor at the Chicago Harris University College of Public Policy. He added that the highly declining H-1B visa fees will discourage American companies from employing more talented members in the global workforce.

Governments all over the world are already grabbed the opportunity Attracting skilled workers to their countries.

Using external sources go at home

For India, the new H-1B fee is expected to enhance interest in global power centers (GCCS), especially among American intermediate companies facing higher costs and uncertainty in bringing talents on the beach.

In the simplest forms, the Gulf Cooperation Council is a distance approaching the gatherings of technical talents and they work with international employees, which leads to savings in costs. Think of long relationships, but the corporate version.

American companies and Indian technical talents have been linked to more than four decades. What started with US companies to use external sources of their support operations for third -party companies in India has evolved into a more integrated system today.

Vikram Ahu, co -founder of the United States -based ANSR, says a consulting company, a US -based ANSR company, a consulting company, a US -based consulting company, a consulting company.

Imagine that the American bank wants to create operations in a new geographical area. This includes dealing with multiple sellers of information technology programs, preparing a cloud network and a full set of technological integration.

This is the place where the Gulf Cooperation Council states have been mistaken, as Ammar Calvikat explained, a veteran technology professional with more than two decades of experience, and is currently working in Europe for an American technical company.

He said that, given the complex level of technical integration required by companies today, the establishment of an expanded office in the Gulf Cooperation Council is a better option than employing a company specialized in third party integration.

A technical integration company for an external authority may publish more resources than need to amplify bills. But since the employees of the Gulf Cooperation Council are employees of the company, there is a higher level of accountability and ownership.

Since international companies reduce their dependence on third -party companies for integration and jobs in digital transformation, the Gulf Cooperation Council countries are already a growing space.

More than 1,600 US dollars work outside India, where it employs more than 1.7 million people, and is an administrative partner of India at the Global Consulting Company McKinsey, for CNBC in A. Previous interview.

ANSR, who added that his company expects a number of these centers to rise in less than 30 % of the Fortune 500 companies in India, and left a field of expansion, which added that his company expects the number of these centers by 60 % in two or three years.

According to the Indian Real Estate Consulting Company, GCCS has rented 38 % of the total office supply in seven major cities in India over the past two and a half years.

“Besides the roles of the back office just, many have moved to innovation, research and development, product engineering, Amnesty International, etc., with new visa rules in their place, multinationals may not find it difficult to expand in India because they do not need to build from zero point,” says Peush Jain, Manager for Commercial and Consultant Her rental in Anarock.

Great technology companies such as Google, Microsoft and Amazon, as well as the best financial companies JPMorgan, Goldman Sachs and HSBC some of the largest presence in the Indian GCC.

India Dream Technical in India

More than half of the new H-1B visa requests for the first time in the 24th year was by the Indians, according to the Ministry of Internal Security report. This reaches about 80,000 talents seeking opportunities in the United States

Information technology companies and major technology companies have reduced their dependence on H-1B visas in the past few years, according to the Indian institutional stocks. After its peak between 2020 and 2022, the new H-1B visa approvals rejected most of the American technology giants and Indian information technology companies.

The new Amazon H-1B visa approvals decreased by 37 % in 2024 from the peak of 6,152 in 2021. Indian software and services students, the new visa applications of TATA advisory services decrease to their peak of 3,062 in 2021.

Experts say these figures reflect the efforts of Indian information technology companies to employ local talents and large technology companies in the United States that are close to talent complexes, such as India.

The Gulf Cooperation Council countries, which are currently employing one and a half people in India and growing at two numbers, will be able to absorb this reverse flow of talent to India, where companies face a shortage in areas associated with digital transformation.

Capel -Gxi, CEO of the recruitment company at Quess Corp. says. The most severe demand for talent in the Gulf Cooperation Council is in artificial intelligence, data and analyzes, reaching 42 % of talent.

For decades, the American dream of Indian technicians did not feed only up to Silicon Valley, but also a parallel growth boom in India, where the scope of IT service companies was expanded by a third party and Indian technology talents have declined abroad.

What started to provide the functions of the use of external sources in India in the late 1990s, which developed into software services companies and eventually in coding centers.

This mutation also led to the emergence of the Indian middle class, and urban centers such as Bangaluru, Hyderabad, China and Bon flourished thanks to the IT industry.

While the latest Washington barriers may cause turmoil, it only brings the story of technology in India: from the use of external sources to the use of external sources.

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Anand Gupta, the leading director of the ALLIANZ Global Investors, said the Indian profits are on the right path to re -postpone.

India is likely to benefit from increasing H-1B visa fees in the United States in the medium term despite the initial blow, as visa restrictions historically encouraged companies on the outside more powerful.

Sam Konrad, director of investment in Asian stock revenues on Jupiter, explained the reason that India was the “most attractive emerging market” in the world.

You need to know

Investors turn into an ascension in India. After a year of weak performance against other emerging markets, correct the recent evaluation and promising total conditions Make Indian shares attractive.

India’s bet is $ 18 billion on semiconductors. India aims to reduce its dependence on imports and safe chips for the strategic sectors, and Capture a greater share of global electronics The market, move away from China.

India to start producing AK-203 rifles with Russian help. Prime Minister Narendra Modi said on Thursday that India would take place Production start From AK-203 rifles in the state of Uttar Pradesh with the help of Russia.

In the market

India Elegant 50 The index was traded by 0.66 % from 4:30 pm local time, while Sensex 30-Stock Bse decreased by 0.68 %. Indexes have gained 5.31 % and 3.9 %, respectively, so far this year.

Indian government bonds revenue for 10 years has been traded by 6.485 %.

Upcoming

September 26: Pace Digitek to launch public subscription

September 29: Industry Industrial Production Data Index for August

October 1: The Monetary Policy meeting of the Indian Reserve Bank

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