Mitsubishi UFJ Financial Group (MUFG) has noted that India could be disproportionately affected by new U.S. H-1B visa changes. These changes include a $100,000 fee on new H-1B visa applications.
The imposition of this fee by U.S. President Donald Trump is expected to raise costs for Indian IT stocks and threaten growth in their biggest market. This development could have significant economic implications for India.
MUFG's assessment highlights a potential headwind for the Indian economy, a market where MUFG is actively seeking to expand its presence. This commentary provides a risk perspective on geopolitical and regulatory shifts.
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