H-1B Not US Trade Talk Focus; Indian Tech Unfazed by Restrictions: Goyal

Economy
C
CNBC TV18•09-02-2026, 10:02
H-1B Not US Trade Talk Focus; Indian Tech Unfazed by Restrictions: Goyal
- •Piyush Goyal states H-1B visa restrictions were not discussed with US counterparts.
- •Indian industry shows little concern over stricter H-1B rules, confident in accessing skilled talent.
- •Post-pandemic global work models and rise of Global Capability Centres (GCCs) in India reduce reliance on overseas relocation.
- •India hosts approximately 1,800 GCCs, with global companies favoring offshore delivery models over high-cost locations.
- •GCC growth supports domestic income, tax collection, investment, and foreign exchange earnings for India.
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