How H1 visa transformation affect Indian Market.
                     HOW H1 VISA TRANSFORMATION WILL 
AFFECT THE INDIAN MARKET
INTRODUCTION
• US President, Donald  Trump has issued a proclamation banning various 
non-immigrant visas.
• It include the H-1B, most sought after by the Indian tech professionals, till 
this year-end.
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IMPACT OF H1 VISA 
TRANSFORMATION
• The move will impact nearly 85,000 workers who were issued H-1B visas 
this year out of 2,25,000 applicants.
• The ban will surely impact the prospects of the H-1B visa applicants from 
top Indian IT services firms.
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FACTS
• Nearly 3-4 lakh H-1B visa holders are currently being employed by top 
tech firms in India.
• More than 60% of engineers in the Bay area are H-1B visa holders.
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RESTRICTING IMMIGRANT 
WORKERS
• US President Donald Trump has signed an executive order restricting 
immigrant workers in the country. 
• Trump temporarily blocked those entering the country on H-1B visas, L 
visas, H-2B seasonal worker visas and J visas.
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IMPACT ON INDIAN IT 
INDUSTRIES
•  TCS, Infosys, HCL Technologies, Wipro, among others as nearly 70 percent 
of the 85,000 visas issued each year are to Indians.
• Work visas H1-B and L1 are used by Indian and multinational IT companies 
to hire Indian employees to work in US.
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UNEMPLOYMENT POBLEM
• Suspension of VISA was intended to protect American workers facing 
higher unemployment.
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IMPACT OF COVID-19
• Analysts foresee more off shoring of work in the sector in the next few 
months due to
–  Given the impact of the COVID-19 pandemic 
– Continuing travel restrictions
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FINANCIAL INNOVATION
• The IMF had last year identified financial innovation as an important 
aspect of our future in the digital age. 
• Most countries see Fintech as transformative for financial inclusion, which 
promotes growth, 
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OPPORTUNE FOR INDIA'S TECH-
BASED FIRMS
• India is well aware that while globalisation is here to stay, its norms, 
however, may become different.
• economic and trade li nkages are a strong pillar of our strategic 
partnership, particularly in technology.
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THANK YOU