100 Indian companies invest $15 billion in US, create 91,000 jobs: Report

Posted on 15th Jul 2015 | 1008 views

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100 Indian companies invest $15 billion in US, create 91,000 jobs: Report

According to a recent report "Indian Roots, American Soil" by the Confederation of Indian Industry (CII) and Grant Thornton (GT), nearly 100 Indian companies created more than 91,000 jobs in the US by investing $15 billion across sectors of 35 American States. The report mentioned that, the southern State of Texas received the maximum ($3.84 billion) foreign investment from Indian companies followed by Pennsylvania ($3.56 billion), Minnesota ($1.8 billion), New York ($1.01 billion) and New Jersey ($1 billion). "As India surges forward to become the fourth fastest growing source of FDI into the US, it is critical that we recognise the positive impact of Indian business investments in the country," said Senator Co-chair of the Senate India Caucus.

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