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H-1B visa uncertainty adds to Indian IT industry's woes
Business Standard
|August 29, 2025
Visa squeeze
The Indian information technology (IT) services industry, already grappling with the twin pressures of slowing growth and the disruptive rise of artificial intelligence (AI), is staring at a fresh challenge — tightening US visa norms. The latest warning has come from US Commerce Secretary Howard Lutnick, who has called for an overhaul of the visa programme.
In an interview with Fox News, Lutnick said he was involved in revamping the H-1B visa system. "We're going to change that programme because that's terrible, right? We're going to change the green card... That's the gold card that's coming. And that's when we're going to start picking the best people to come into this country. It's time for that to change," he said.
According to him, an average green card recipient earns $66,000 a year, compared with $75,000 for an average American worker. "It's like picking the bottom core," he remarked.
This story is from the August 29, 2025 edition of Business Standard.
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