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Indian firms create over 113,000 jobs in US even as domestic job market sees a slowdown

Source | www.msn.com : By Vanilla Sharma

Even though IT job prospects may be a tad bleak in India right now, Indian IT companies are taking on board quite a few employees in the US. Indian firms are said to have created over 113,000 jobs in the US and also invested $18 billion in the country.

The details appeared in the Confederation of Indian Industry’s report “Indian Roots, American Soil,” which also said that these jobs were created by about 100 Indian firms in mainland US and Puerto Rico. These 100 firms totally employ 113,423 people across 50 states of the US, the District of Columbia and Puerto Rico, the report said, according to the Press Trust of India.

Meanwhile, in the US, the top five states in which these firms generate employment are:

New Jersey — 8,572 jobs

Texas — 7,271 jobs

California — 6,749 jobs

New York — 5,135 jobs

Georgia — 4,554 jobs

Speaking about these figures, Indian Ambassador to the US Navtej Sarna said that Indian firms play an important part in the US’ economy and make valuable contributions to it. “The presence and reach of Indian companies continue to grow each year as they invest billions of dollars and create jobs across the United States,” he added.

Read On…..

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