Trump’s $100,000 Visa Targets a $280 Billion India Success Story

Donald Trump’s move to curtail H-1B visas threatens to rewrite the rules for one of India’s biggest business success stories, a decades-old model that’s grown into a $280 billion industry and underpins much of the technology behind the world’s largest corporations.

The US president’s order on Friday — which requires a $100,000 fee for H-1B applications — will force a rethink at Indian outsourcers led by Tata Consultancy Services Ltd. and Infosys Ltd., who use the program to deploy tens of thousands of engineers across American clients from Citigroup Inc. to Walmart Inc. The two Indian software exporters’ ...