New Delhi: Edelweiss AMC CEO backs India as better opportunity
Radhika Gupta, CEO of Edelweiss Asset Management, has urged Indian students and professionals in the U.S. to consider returning home, saying “Aao, ab laut chalen” amid growing anxiety over H‑1B visa changes. She highlighted India’s robust growth, entrepreneurial opportunities, and rising job market as a compelling alternative.
H‑1B visa fee hike triggers concern
The U.S. government recently introduced a $100,000 annual fee for companies employing H‑1B visa holders, intensifying uncertainty for Indian workers. Many professionals and students, who had hoped for long-term work opportunities abroad, are now reevaluating their plans, while companies face higher hiring costs and may rethink recruitment strategies.
India emerging as a viable option
Gupta compared India today to 2005, stating that current economic growth, start-up culture, and employment prospects make India a far more attractive destination for skilled talent. She believes the country now offers rewarding career opportunities that match or surpass what many previously sought in the U.S.
Conclusion
With U.S. visa policies becoming more restrictive and expensive, India emerges as a viable and promising option for young professionals. Experts say this trend could see a reverse migration of skilled talent, boosting India’s domestic workforce and entrepreneurial ecosystem.