Viewed in an optimistic light, President Trump’s overhaul of the H-1B visa programme could benefit India’s economy if more high-skilled workers now stay in the country. But to the extent that remittances weaken, that could put the rupee under more pressure. And the move risks undermining the business models of India’s outsourcing firms that often send staff to the US for onshore consulting.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services