In the United States, 100 Indian companies doing business in America and Puerto Rico have created more than 113,000 jobs and invested nearly 18 billion US dollars in the country. <br/><br/>According to an annual report released yesterday by Confederation of Indian Industry (CII), Indian companies have also contributed 147 million US dollars towards corporate social responsibility and 588 million dollars as research and development expenditures in the US. <br/><br/>The top five states in which Indian companies have generated maximum employment are New Jersey, Texas, California, New York and Georgia. According to the report, the top five states in which Indian companies have contributed the highest foreign direct investment are New York, New Jersey, Massachusetts, California and Wyoming.<br/><br/>Indian Ambassador to the US Navtej Sarna, said, Indian industry and professionals are making significant contributions to the US economy. The presence and reach of Indian companies continue to grow each year as they invest billions of dollars and create<br/>jobs across the United States, he said.<br/>Congressman Pete Sessions said Indian businesses have brought hundreds of millions of dollars and thousands of jobs to Texas and, at the same time, the reforms led by Prime Minister Modi have opened doors for American companies to expand their operations in India.
News On AIR | November 15, 2017 7:09 AM
Indian companies create 113K jobs in US: Report