Infosys, Wipro ADRs fall to 4% amidst Trump’s proposal for $ 100,000 annual H-1B Visa costs

American Deposit Vouchers (ADRs) of large Indian IT companies Infosys and Wipro fell to 4% after the Trump-Administration plan to impose an annual reimbursement of $ 100,000 per H-1B visa, a movement that could significantly influence the companies that depend on foreign skilled employees.

During the Intraday trade, the Infosys ADR fell no less than 7.5% to $ 16.24, to finally end the day 3.14% lower at $ 16.97, meanwhile Wipro ADR fell 3.5% to settle at $ 2.76.

According to the Reuters report, the Trump administration has announced that companies have to pay to pay $ 100,000 a year for every H-1B visa holder. The proposed policy is expected to find technology companies that are highly dependent on trained employees from India and China, with India being good in the previous year 71% of H-1B visa approvals.

The report also noted that Amazon, Microsoft and Meta each had received thousands of H-1B visa goods inspections in the first half of 2025.

The proposed fee is part of a broader revision of immigration by the Trump government. Since his appointment, Trump has initiated steps to limit legal immigration, with the H-1B Visa program a prominent focus. The report states that the administration regards this step as a great effort to reform the temporary framework for employment visa.

According to the Reuters report, the American trade secretary Howard Lutnick was quoted in the report and insisted on companies to train American graduates instead of trusting foreign employees and to say: “Train Americans. Train Americans. Stop taking in our jobs.” The statement reflects the long-term criticism that the H-1B visa system has been used by companies to suppress domestic wages and suppress local talent on side activity. The Reuters report, however, also quoted supporters of the H-1B program, including Tesla CEO Elon Musk, who believes that the program is filling critical skills and keeps American companies in world control in the global economy. Musk, a naturalized American citizen, has held an H-1B visa in the past. The policy, if determined, could considerably increase the costs for companies, in particular smaller technology companies and startups. While Reuters reported that the entire administrative framework of the reimbursement had not yet been completed, Lutnick confirmed that the $ 100,000 figure a year was considered for each of the three years of the duration of a visa.

Some analysts quoted by Reuters suggested that the reimbursement can force companies to offshore high -quality work in offshore, which may affect the competitiveness of America in areas such as artificial intelligence.

Infosys and Wipro, both of which employ a considerable number of H-1B visa holders in the United States, saw their ADRs slide during the session. Investors responded to concern about increasing costs and possible disruption in overseas personnel models.

The degree of deterioration – up to 4% – reflected the fear of the market about the impact of the proposed visa costs on the business models of the Indian IT service exporters.

The Reuters report was concluded with a statement from Lutnick that points to broad business support for the relocation, which states that “all large companies are on board” with the proposed annual H-1B allowance of $ 100,000.

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