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The second Trump presidency is unlikely to see a drop in international students in the US, according to Piyush Kumar, regional director, South Asia and Mauritius at IDP Education, a study abroad platform. "This time, he appears more positive towards international students and is going as far as promising green cards for them as he announced in one of his election campaigns," Kumar said, adding that the number of students opting for the US is likely to rise at least 15-20% next year compared to 2024. Most students head to the US for STEM (science, technology, engineering, and mathematics) courses.
The new Trump administration may frame policies aimed at lowering taxes, deregulation, and easing restrictions to boost business, said Karthikeyan K, director, permanent recruitment at Adecco. This could potentially benefit India's job market, especially through job creation in IT, pharmaceuticals, and manufacturing, he said. "Labour standards may become secondary to geopolitical goals, potentially driving down the value of labour and impacting the demand for contingent labour services," said Karthikeyan.
"On immigration, Trump 2.0 has already shown incredible clarity-welcome ruling on international students that brings dollars and fixes talent gap, strong rhetoric on the growing illegal path-crossing on borders," said Akshay Chaturvedi, founder, Leverage.biz, a study abroad platform. "This will in turn promote the legit ways of moving across and exploring opportunities suited to self."
According to Adarsh Khandelwal, CEO of Collegify, a college admission consulting firm, Trump’s election win has given fresh hope to Indian students, who comprise nearly 200,000 of the 1 million international students in the US.
“By focusing on lawful, merit-based immigration, Trump’s H-1B reforms offer Indian students both opportunity and economic mobility, further strengthening US-India ties through shared talent and economic contributions,” he said.
Rohin Kapoor, partner, management consulting, BDO India, a professional services firm expects outsourcing from the US to continue with a greater likelihood of US universities setting up physical campuses in India.
“Trump shares an extremely close relationship with PM Modi…we can expect a positive impact on the Indian workforce in the long run,” Kapoor said.
But Kartik Narayan, CEO (staffing) at TeamLease Services has a different view. "As we look ahead, it appears that protectionist policies may continue to shape US -India trade dynamics,” he said. An emphasis on ‘America First’ could bring new trade considerations, with potential impacts on major Indian sectors like pharmaceuticals and textiles, Narayan said.
Experts said the Trump administration’s commitment to guaranteeing H-1B visas for skilled graduates could eliminate the current visa lottery process, securing work opportunities for up to 85,000 high-skilled candidates each year. “This could particularly benefit those in fields like STEM where Indian students are prominent,” said Khandelwal of Collegify.
( Originally published on Nov 06, 2024 )