Bengaluru, Sept. 20 -- US President Donald Trump signed an executive order on Friday that requires companies to pay $100,000 annually, for every foreign worker brought under the H-1B visa, up from about $1,000 at present - a 9,900% increase This could increase the visa fees to about 10% of the profits of India's five largest recipients of H-1B visas, and prove the death knell for the country's $283-billion IT services industry.

Tata Consultancy Services Ltd sponsored 5,364 H-1B Visas in 2025, while Cognizant Technology Solutions Corp sponsored 2,493 and Infosys 2,004, according to US Citizenship and Immigration Services data. LTI Mindtree Ltd sponsored 1,807 such visas and HCL Technologies sponsored 1,728.

With 13,396 H-1B visas sponsor...