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India Tech Jobs Shift

United Arab Emirates ๐Ÿ‡ฆ๐Ÿ‡ช Economy & Trade

4 articles from 1 country

The United Arab Emirates reports that a proposed H-1B visa fee hike in the US could accelerate the outsourcing of tech jobs to India. Meanwhile, India's food industry is fighting against proposed mandatory red labels for high-sugar and high-color products. Separately, India's competition watchdog is investigating major fragrance companies for alleged price collusion.

๐Ÿ‡ฆ๐Ÿ‡ช United Arab Emirates/English NEW

H-1B visa fee hike may accelerate shift of US tech jobs to India: Economist

- A proposed additional fee of over $100,000 on H-1B visa petitions could accelerate the outsourcing of US tech jobs to India. - Economist Santosh Mehrotra suggests companies may use Global Capability Centres (GCCs) in India to access talent without relocating workers. - This potential fee hike aims to curb the shift of technology work from the US to India.