US move against IT firms signals protectionist shift, raises concerns for India's exports: GTRI
BusinessLine 1 hr ago·9 Oct 2026, 1:58 pm
The Global Trade Research Initiative (GTRI) warns that a shift towards protectionism in the United States could impact India's IT sector. The group suggests that current scrutiny of visa sponsorship may expand to cover H-1B hiring, skilled worker mobility, and outsourcing.
This potential tightening of regulations is significant for Indian IT companies, which rely heavily on US talent and client contracts. For investors, this highlights the growing geopolitical risks that can affect the profitability and growth of the export-oriented sector.
Investors should monitor policy developments in Washington and the response from major Indian IT firms. Any signs of a broader crackdown could weigh on stock prices, while companies with diversified operations or strong domestic growth may prove more resilient.
Excerpt from BusinessLine
The US decision to suspend eight IT firms, including Tata, Infosys and Wipro, from a programme for foreign workers seeking green cards signals a more protectionist approach toward foreign technology professionals, with wider implications for India as the US accounts for 54.1 per cent of its software and IT-enabled…Read the original at BusinessLine
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