Pune, Sept. 22 -- Prashant Girbane, Director General of the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), on Monday said the steep hike in H-1B visa sponsorship fees announced by the US will affect not just Indian IT companies but also American tech giants.

"It is going to impact only the fresh applications, first of all. It's not just impacting Indian IT companies. It's also impacting American companies like Amazon, Google, Apple, and Tesla. They would have huge issues," Girbane told ANI.

The reaction follows the US administration's recent increase in H-1B sponsorship fees to USD 100,000, a move that has sparked sharp responses from India and industry stakeholders.

Citing examples, Girbane pointed out that Indian t...