Higher H1B visa fee will have minimal near term impact on Indian IT companies: Morgan Stanley

New Delhi [India], September 22 (ANI): The new H-1B visa fee regulation in the United States, though prima facie looks negative, but it will have minimal near-term implications for Indian IT companies, while medium-term challenges could emerge in the form of higher costs and the need for greater localisation, noted a research report by Morgan Stanley.

'We see limited near term implications on business given it is