Earlier quoted context omitted.
Yes and no. Yes, because it directly affects the business of large outsourcing companies. It also drops remittances, one of the largest sources of dollars for India. No, because for many decades, India has been trying to keep their smartest citizens to build their own country. Making local companies, serving at local hospitals, teaching at local schools and universities. They want their own Google, Microsoft, Sun Mic…
Help me understand the first part. Why do you need a US visa (well, THAT visa - I understand a 'fly over for a meeting' visiting visa) as an outsourcing company? What I mean is: How are the outsourcing companies affected by this?
Imagine GE, a company with a pool of power electronics talent in the US, wants to build specialized power plants for the Indian market. They can't do it remotely from the US. They will fly their US employees to India to study the market, understand rules and constraints, design and consult local Indian teams. The US employees need to stay there for years to build those things.
All that requires India to give US citizens the visa to work for such a long time. And India does give that. Business visas in India are easy to get.
Reverse the roles and if an Indian company wants to use their own pool of talent to do business in the US, H-1b are the only ones available for long term business related work, which got totally distorted by politics over the years.
https://www.usa-corporate.com/start-us-company-non-resident/...