Indian Companies Account for Thousands of U.S. Jobs
According to a report by the Confederation of Indian Industry (CIIA), India-based companies account for tens of thousands of jobs and more than $15.3 billion in tangible U.S. investments. The report revealed that 100 Indian companies employ more than 91,000 people across 35 states and the District of Columbia. Of these companies, 84.5 percent plan to make more investments in the United States, and 90 percent plan to hire more workers locally in the next five years.
Heat Map of Jobs Created by Indian Companies (Top 25 States)
The average amount of investment received from Indian companies per state is $443 million. The top five states in which Indian companies reported the most employment include New Jersey, California, Texas, Illinois, and New York. The states with the highest foreign direct investment from Indian companies are Texas, Pennsylvania, Minnesota, New York, and New Jersey.
Indian Companies Operations in the U.S.
“The Indian industry is making a significant contribution to the US economy, investing billions of dollars and creating thousands of jobs across states and sectors. This trend has grown stronger over the years and is continuing to show remarkable progress. Today Indian companies are not just investing and creating jobs, they have also become significant stakeholders in the growth and prosperity of their local communities. Their linkages run deep through the support extended by them to education programs and capacity building.” ~Arun K. Singh, Ambassador of India to the U.S.