Around 163 Indian companies present in the US have collectively generated
over USD 40 billion of tangible investments in the country, according to a
survey report released by the Confederation of Indian Industry (CII).
Besides, these firms together have created about 425,000 jobs in the US.
over USD 40 billion of tangible investments in the country, according to a
survey report released by the Confederation of Indian Industry (CII).
Besides, these firms together have created about 425,000 jobs in the US.
The seventh edition of the CII’s survey report, Indian Roots, American
Soil, was released on Wednesday (local time), at the India-US Business
Reception, hosted by Taranjit Singh Sandhu, Ambassador of India.
Indian company’s financing of US-based Research and Development (R&D)
projects with nearly USD 1 billion invested and corporate social
responsibility (CSR) efforts with nearly USD 195 million invested is also
on the rise, according to the report.
The report, “Indian Roots, American Soil 2020,” is a state-by-state
breakdown of tangible investments made and jobs created by 163 surveyed
Indian companies doing business in all 50 states in India.
