The 100K H-1B Shock.

The report examines the introduction of a $100K fee for new H-1B visa petitions by the U.S. government and its profound impacts on global talent movement, economic dynamics, and specifically the Indian IT industry. It highlights the significant shift this policy represents in U.S. immigration strategies, focusing on prioritizing higher-skilled and higher-paid foreign workers. The report provides quantitative analysis of H-1B application trends, comparative insights between India and other countries, and the financial impacts on firms. It also outlines potential future paths for the Indian IT sector and offers policy recommendations for mitigating the effects of this cost increase.