Piyush Goyal Signals Reduced Reliance on H-1B Visas: A Shift in India's Economic Strategy Discussed.

At the NDTV Profit Conclave 2026, Union Minister Piyush Goyal stated that India's dependence on H-1B visas is a thing of the past. This declaration signals a shift in India's approach to global talent and economic partnerships. The conclave, centered around the theme "India: The Real Deal," took place in New Delhi on Saturday.

Goyal's statement suggests that the H-1B visa issue will no longer be a focal point in international discussions. This shift comes amid a backdrop of significant recalibrations in global trade, including a long-awaited India-US bilateral trade agreement and a landmark India-European Union agreement, the latter being hailed as the "mother of all deals". These developments have disrupted established supply chains, alliances, and economic dependencies, paving the way for new opportunities for India.

The discussion around India's economic growth is evolving, with domestic reforms now intertwined with the country's engagement on the global stage. The NDTV Profit Conclave served as a platform to discuss these evolving dynamics, featuring Finance Minister Nirmala Sitharaman, who headlined the event with a dialogue centered on 'Budget 2026: Betting on India'.

In September 2025, Goyal reacted to the increase in H-1B visa fees imposed by the US, asserting that the world is "a little afraid of Indian talent". He encouraged Indian talent to innovate and design within India. He highlighted India's economic growth, stating that the country will be "winners, come what may".

Goyal has urged the Indian diaspora to contribute to India's innovation ecosystem. He also emphasized the importance of adding value within India and showcasing the India story globally with confidence.

The NDTV Profit Conclave highlights India's shifting role in global commerce and its increasing focus on domestic capabilities and international partnerships.

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