Although the 2020 suspension of H-1B and other visas to work in the US will affect workers worldwide who are
applying for these visas, Indian IT companies may not be greatly affected, because the Indian IT industry has been reducing its dependence on the H-1B visa since the start of the Trump administration in 2017.
Instead, many Indian companies are hiring within the US to reduce dependence on the H-1B visa. That said, according to Suresh Rajan of LCR Capital Partners, this choice will increase costs for Indian companies. He and other experts note that other options include off-shoring the work to India or near-shoring the work to Mexico or Canada.
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