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At the forefront: Indian businessmen in America will provide jobs to 15 lakhs this year

Indian businessmen in America are ahead of immigrants from all other countries in providing employment. Indian businessmen will provide employment to around 15 lakh people this year. While in the last 5 years people of Indian origin have given employment to 50 lakhs. According to a report by Asian American Institute, Indiaspora and University of Philadelphia, Indian entrepreneurs are providing employment in all 50 states of America. According to MR Rangaswamy, president of Indiaspora, there are 50 lakh Indians in America's population of about 35 crores. While Indians pay an average of 25 lakh crores in taxes annually. Indians have overtaken other immigrants in employment during the last 10 years. Before this, businessmen from Canada and Europe were leading in providing employment. Investments in Silicon Valley companies by Indian businessmen have led to an increase in employment. This trend is still continuing. AI sector will have maximum 10 lakh jobs According to the report, Indian businessmen will provide maximum 10 lakh jobs in America this year. There are 16 leading Indian companies in the US Fortune AI list. Last year, during five years, Indian industrialists provided 50 lakh jobs. Out of which 27 lakhs are in IT sector. The use of AI in life sciences, telecommunications, energy and automobiles has led to job growth. 156 out of 610 unicorn startups in America belong to Indians There are 610 unicorn startups in America. Out of which 150 are owned by Indians. It has given employment to about two and a half lakh people in America. In which the growth of Cambridge Mobile Telematics is the highest. Due to this, there have been drastic changes in the field of road safety in America.

Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).

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