The minimum salary for people who work in France on this Visa is €53,836.50 by law. The minimum legal salary for people working on H1B in the US is $60000, but in practice, the salary is of course much higher.
This isn't going to draw very many Silicon Valley engineers to France, but it could bring some people to France who failed to get an H1B.
That barrier affects Americans and Indians (and other H1B seekers) equally. The difference is that most H1B seekers have more motivation to leave their own countries.
This isn't going to draw very many Silicon Valley engineers to France, but it could bring some people to France who failed to get an H1B.