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India · Updated 10 Oct, 06:30 am IST

Piyush Goyal says fewer H‑1B visas benefit India’s economy

Image: ET Tech

Why it matters for readers: It explains one reason why fewer visas could boost local hiring and economic activity in Indian tech hubs.

  • Piyush Goyal said he has never raised H‑1B visas or green cards in talks with the US and considers immigration not a trade issue.1
  • Goyal argued that when H‑1B visas are not granted, talent remains in India to earn, pay taxes and spend locally.1
  • He said global companies are shifting more work to their capability centres in Bengaluru, Hyderabad, Pune, Gurugram, Noida and Mumbai.1
  • Remarks were made at the ET Startup Awards 2026 in Bengaluru in a conversation with Deepshikha Sikarwar of The Economic Times.1

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