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As H-1B approvals plunge, is the American Dream slipping away for Indian tech talent?

A new NFAP analysis shows H-1B approvals for the top seven Indian IT firms collapsing to 4,573 in FY 2025a 70% fall since 2015signalling a deep shift in the US tech labour market. With Big Tech dominating new approvals and visa scrutiny rising, Indian engineers face a narrowing pathway to opportunity, raising doubts over whether the American Dream is being steadily renegotiated.