US H-1B Visa Demand Plummets; Flipkart Enhances Value Commerce Strategy
H-1B chill sets in; Flipkart doubles down on value
Image: The Economic Times
The demand for H-1B visas in the US has dropped to a seven-year low, with registrations falling by 38.5% this year due to rising costs and stricter policies. Meanwhile, Flipkart is revamping its Shopsy platform to compete in the value commerce sector against Meesho and Amazon Bazaar.
- 01H-1B visa registrations for FY27 fell to 211,600, a decrease from 343,981 last year, marking a 38.5% decline.
- 0271.5% of selected H-1B applicants now hold a US master's degree or higher, up from 57% last year.
- 03Flipkart's Shopsy platform aims to attract budget-conscious shoppers by enhancing user experience with personalized feeds and SuperCoins.
- 04Meesho currently leads the low-priced segment with over 250 million annual transacting users.
- 05Pine Labs reported a 24% revenue increase in Q4 FY26, achieving a net profit of ₹67 crore.
Advertisement
In-Article Ad
The demand for H-1B visas in the US has significantly declined, reaching a seven-year low as the US Citizenship and Immigration Services (USCIS) received only 211,600 eligible registrations for FY27, a 38.5% drop from last year's 343,981 applications. This decrease is attributed to rising costs and stricter selection processes that favor higher-paid applicants, with 71.5% of selected candidates holding advanced degrees. In parallel, Flipkart is enhancing its Shopsy platform to better compete in the value commerce space against rivals like Meesho and Amazon Bazaar. The revamped app will focus on personalized user experiences and aims to attract shoppers looking for affordable products. Meanwhile, Pine Labs has reported a 24% increase in revenues for Q4 FY26, achieving a net profit of ₹67 crore, reflecting strong growth in its international business and merchant services.
Advertisement
In-Article Ad
The decline in H-1B visas may affect Indian professionals' job opportunities in the US, while Flipkart's strategy could reshape the e-commerce landscape in India.
Advertisement
In-Article Ad
Reader Poll
What do you think about the decline in H-1B visa registrations?
Connecting to poll...
More about US Citizenship and Immigration Services
Concerns Rise Among Indian Students and H-1B Workers Over New US Immigration Policy
News 18 • May 25, 2026
Rubio Addresses Visa Concerns Amid US Immigration Overhaul Discussions with India
Firstpost • May 24, 2026
US Immigration Changes Not Targeted at India, Says Marco Rubio
Khaleej Times • May 24, 2026
Read the original article
Visit the source for the complete story.