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Indian-Americans in U. S. Business

Though Indian-Americans in US are considerably lesser in population, they have ascended to influential position in American medicine, academia, corporations and especially the high-tech sector. Thousands of Indian students, engineers, doctors, accountants and educated professionals from IIT and renowned engineering colleges arrived in the country once U.S. immigration laws were relaxed in 1965. More Indians migrated when the technology boomed in 1980.

Tech pioneers, Vinod Dham, who created breakthrough technologies such as the Pentium chip, and entrepreneurs like Kanwal Rekhi and Vinod Khosla, who co-founded companies like Excelan and Sun Microsystems have made a major impact.

Asian-Americans (which include Indians) comprise more than one-half (52 percent) of the technology workforce in the Bay Area. Between 2000 and 2010 the Asian proportion of tech workers jumped from 39 percent to 52 percent. Now, in the second decade of the 21st century, Indian-Americans occupy an exalted place in U.S. business, science and technology.

There are currently 9 Indian-American CEOs of Fortune 500 companies and most recently Indians start more companies than any other immigrant group in six states around the country.  Indian-born Satya Nadella was named Microsoft Corp.’s CEO. It is noteworthy that he joins a select circle of other Indian leaders of major global corporations, including Indra Nooyi, chairman and CEO of PepsiCo; Ajay Banga, the chief of MasterCard and Anshu Jain, the co-CEO of Deutsche Bank.

Other Indian CEOs of major U.S. companies include Francisco D’Souza of Cognizant Technology Solutions; Sanjay Mehrotra of SanDisk ;Ravichandra Saligram of OfficeMax ;Dinesh C. Paliwal of Harman International Industries and Shantanu Narayen of Adobe Systems.

Indians who rise in corporate ranks are head-and-shoulders above others, and this is partly because of their English-language skills and also the advanced education. In the latest innovation in technology, cloud-computing has indisputably become a major driving force for the industry – and many enterprise-cloud start-ups are founded by Indian-Americans.

India-based companies contribute to the US economy by creating more and more jobs and by investing nearly $15 billion across country. In fact, 100 Indian companies have captured a state-by-state of tangible investments and created jobs in places such as New Jersey, California, Texas, Illinois and New York. Moreover they have also become significant stakeholders in the growth and prosperity of the country.

President Obama and PM Modi’s vision for the US-India relationship is in many ways best exemplified through these Indian companies in America that though have Indian roots, but are completely enmeshed into US soil.

India- based Companies such as Bank of Baroda, Birlasoft, Cyient, Dr Reddy’s Laboratories, EsselPropack, Exim Bank, ICICI Bank, Infosys, ITC Infotech, Larsen &Tourbo, Mahindra USA, Mindteck, NIIT, Piramal Healthcare, State Bank of India, Sun Pharma, Taj Hotels and Resorts, TATA Communications, TATA Group, TATA Consultancy Services, Torrent Pharma, Wipro and Wockhardt have extended their business in US. Dr. Reddy’s Laboratories, Inc has become one of the leading generic drug companies in the US. Piramal Healthcare has greatly benefitted from its investments in the United States. Had not the climate of US is conducive for these companies, they wouldn’t have gone to invest in their business there.

Thus diverse sectors of America including pharmaceuticals, telecommunications, financial services, health care, materials and manufacturing, media and entertainment, tourism and hospitality, engineering and construction, automotive, food and agriculture, energy, and information technology have a considerable ratio of Indian-Americans in them.

 

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