Balaji Srinivasan urges Indian tech professionals to reconsider US immigration, recommending alternatives in India, the internet economy, and digital nomad life. He highlights blockchain platforms like Solana and Ethereum as providing a 'digital rule-of-law' that eliminates discrimination.
India’s IT outsourcing industry is facing a broad repricing as AI begins to replace the repetitive engineering work that powered the country’s services model for decades. In the first half of 2026, the Nifty IT index fell about 30%, badly underperforming the broader market, while major firms including TCS, Infosys, Wipro and LTIMindtree retreated roughly 50% from their peaks. Analysts and investors are increasingly linking those losses to rapid advances by U.S. AI companies, including coding tools, enterprise deployment teams and workflow automation products that could bypass traditional Indian service providers. The pressure is not limited to equity markets. Layoffs, delayed onboarding and weaker campus hiring are now affecting the middle-class workforce that India’s technology sector helped build over the past three decades. Industry estimates suggest hundreds of thousands of IT workers could face job risk over the next two to three years, while graduate unemployment remains elevated. At the same time, tighter U.S. visa policy and rising political pressure against offshore hiring are narrowing one of the industry’s historic escape valves. Together, AI substitution, weaker demand and policy constraints are creating what many see as a structural challenge to one of India’s most important white-collar export industries.
Nvidia CEO Jensen Huang said the company will continue sponsoring H-1B visas and cover the new $100,000 application fee, underscoring how critical global talent remains to the US tech industry and innovation race.
Nvidia CEO Jensen Huang said the company will continue sponsoring H-1B visas and cover the new $100,000 fee imposed by a Trump executive order, arguing legal immigration remains essential to US tech leadership and innovation.
Nvidia CEO Jensen Huang said the company will continue sponsoring H-1B visas and cover the new $100,000 application fee, arguing that legal immigration remains vital for US tech leadership and innovation.
Nvidia CEO Jensen Huang said the company will continue sponsoring H-1B visas and cover the new $100,000 fee, arguing legal immigration remains essential for US tech leadership and innovation.
Nvidia CEO Jensen Huang said the company will continue sponsoring H-1B visas and cover the new $100,000 fee for each application, arguing that legal immigration remains vital to US technology leadership and innovation.
Nvidia CEO Jensen Huang said the company will continue sponsoring H-1B visas and pay the new $100,000 application fee, arguing that legal immigration remains vital to US technology leadership and innovation.
