Lokvani wishes all its readers a Happy July 4th weekend!
----------------------------------------------------------------------------------------President Trump has been calling for ban on immigrant workers to the US. He has suspended work visas to the end of the year. However, as per a report from CII, a total of 155 companies with origins in India are responsible for generating over $22 billion in investments and nearly 125,000 jobs in the US, according to a report by the Confederation of Indian Industry.
The report titled ‘Indian Roots, American Soil 2020’ showed that the states with the top concentrations of Indian companies reporting were New Jersey, Texas, California, New York, Illinois and Georgia.
The corporate social responsibility and research and development expenditure of the companies stood at $175 million and $900 million, respectively.