There are still plenty of H1Bs in tech in the US. It is true though that applications from India are very hard now, but that’s mostly because there was a lot of fraud and corruption in that space with Indian outsourcing firms up to no good. When you consider that the excess scrutiny is more than justified.
As for higher end work being done in India, I don’t think anyone doubts there are highly skilled people in India or that there are examples of successful startups, but that’s not where the Indian economy is in regards to tech (hence why the jobs are shrinking). The question is if the Indian tech economy can shift its export product away from low value-add work and that’s a very hard move to make—both because, today, the momentum is in the wrong direction and western firms have had very bad experiences with Indian outsourcing and thus even if they do outsource higher-end work it will likely go to other more up and coming countries in tech.
As for higher end work being done in India, I don’t think anyone doubts there are highly skilled people in India or that there are examples of successful startups, but that’s not where the Indian economy is in regards to tech (hence why the jobs are shrinking). The question is if the Indian tech economy can shift its export product away from low value-add work and that’s a very hard move to make—both because, today, the momentum is in the wrong direction and western firms have had very bad experiences with Indian outsourcing and thus even if they do outsource higher-end work it will likely go to other more up and coming countries in tech.