FLORIDA: Indian companies have invested $15.3 billion in the United States, with Texas being the top destination, and created 91,000 jobs, according to report released Tuesday.
The report, by Confederation of Indian Industry (CII) and auditing firm Grant Thornton, also found that Indian companies are present in all 50 states of the US. Most of them are in IT, IT-enabled services and telecom a hopping 40%, but the report noted a growing interest in life sciences, manufacturing and automotive sectors. The report was based on a survey of 100 Indian companies, which, CII and Indian officials said, was not the totality of all Indian businesses here there is no count of it.
But the story told by these 100 companies was compelling enough for a large number of US lawmakers to show up at the report’s release on Capitol Hill, and bait each other.
