Indian IT supports over 4,11,000 jobs in US: Nasscom

Posted on 22nd Sep 2015 | 1020 views

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Indian tech industry is contributing nearly 411,000 jobs to the US economy this year and $20 billion in taxes between 2011-15. NAASCOM said that Indian tech industry contributed more than $375 million to the US Treasury between fiscal year 2011-2015. American firms have been able to bring better, innovative, cost-competitive solutions that have helped improve their global market share with shorter production cycles.

Indian IT supports over 4,11,000 jobs in US

National Association of Software and Services Companies (Nasscom) president R Chandrashekhar said during the period covered by the study "Indian tech industry alone has invested over $2 billion and paid over $20 billion in US federal, state and local taxes -- while also supporting 410,000 plus jobs in America."

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