India, Sept. 23 -- IIT-Madras director Kamakoti Veezhinathan has reacted to President Donald Trump's announcement of a $100,000 price tag on every new H-1B application, calling it a "blessing in disguise." He suggested that this move would help boost research and innovation in India.

"I see this as a blessing in disguise and we must thank President Trump for it. We must take full advantage of this..." Veezhinathan told ANI.

Explaining his statement, the director said, "The impact is two-fold-one, the students who go from here with an aspiration to work there might not go now, and as a director of IIT-Madras, I am happy that they will continue in India."

"I believe as a country we have great opportunities for us to do research here... T...