L-1 remains a niche tool and cannot replace the H-1B: Experts
A steep $100,000 H-1B visa fee announced by the Trump administration has shaken India's IT sector, wiping out ₹4.5 lakh crore from TCS' market value. As companies explore alternatives, the L-1 visa, used for intra-company transfers, has emerged as an option. But experts say despite its benefits, L-1 remains a niche tool and cannot replace the H-1B.