H-1B visa: After the tariffs, India will also deal with the problems of H-1B visa, this American company expressed confidence..

JPMorgan's Asia-Pacific head, Sjoerd Leinart, has stated that despite the global economic crisis, India remains a bright spot for investment. India's domestic economy is particularly strong and it is not heavily dependent on exports, making it in a more secure position than other countries.

Recently, the US imposed heavy tariffs on India, but Leinart believes that India can withstand the impact of these tariffs and remain economically strong. He stated that India's strong domestic demand and diversity will help it grow.

Changes to the H-1B Visa and Its Impact
US President Donald Trump recently implemented new rules for H-1B visas, including a new fee of $100,000. This visa is particularly important for Indian professionals, as Indians constitute over 70% of the applicants. Leinart said that while this rule may pose some challenges, it is a good thing that existing H-1B visa holders will not be harmed. Furthermore, the full impact of this change is not yet clear.

Trump's rule is intended to protect American jobs, but it could, in turn, increase costs for American companies and force them to expand their technology centers in countries like India. Many global technology and financial companies are expanding their centers in India, taking advantage of India's talent and cost advantages.

JP Morgan's Growing Confidence in India
Leinart explained that JPMorgan has increased both its presence and employee numbers in India by 20% in the last two years. The bank provides investment banking, corporate banking, asset management, payment, and securities services. It has large corporate centers in Mumbai, Bengaluru, and Hyderabad, which support technical and business operations.

Additionally, JPMorgan's M&A head, Anu Iyengar, stated that the number of IPOs (initial public offerings) launched in India this year could exceed that of any other country. This indicates growing investor confidence in India's stock market and its status as an emerging market.

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