Singapore: India’s technology outsourcing industry was facing peak pessimism even before Donald Trump. Also Read: The silver lining in H1B visa reformsInfosys and TCS, historically among the top three visa sponsors, would either have to increase wages, or settle for a much reduced scale of business in their most important market. Proposed H1B visa minimumSuppose they do the former. Also Read: H1B visa: Indian IT firms to plead case before Trump administration officialsEven so, the 10-percentage-point operating margin advantage that Indian companies have traditionally enjoyed over International Business Machines Corp. and Accenture Plc will start to erode. Trump hasn’t brought India’s outsourcing industry to the brink; but his anti-immigration stance may push it over.

Source: Mint February 03, 2017 02:48 UTC