Modi Will Pay a Price for H-1B Visa Curbs: Andy Mukherjee

It’s hard to say what President Donald Trump’s extraordinary attack on immigration will mean for the future of US tech dominance. What’s clearer, however, is the immediate challenge he has created for his friend Narendra Modi — days after wishing him a happy 75th birthday.

Indians account for more than 70% of all H-1B visas. A steep $100,000 entry fee, paid by employers, for every worker entering the US under the program will effectively gut it, forcing large outsourcing companies such as Bengaluru-based Infosys Ltd. to rethink their business strategy.

What should worry Prime Minister Modi more is how the new rule is ...