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Lokvani Team 03/25/2011
The study "Indian Roots, American Soil: A Look at Indian Companies in the US Economy" was released on Capitol Hill during CII's event highlighting the jobs and investments created by Indian companies in the US.
It was attended by Senator John Cornyn, co-chair of Senate India Caucus, Congressman Jim McDermott and Congressman Joseph Crowley, co-chair of the Congressional Caucus on India and Indian-Americans, besides Meera Shankar, the Indian ambassador to the US.
Based on a survey of 35 CII-India Business Forum member companies, the study concluded that since 2005, nearly two-thirds of Indian companies have added jobs to their US operations.
Together, these 35 companies employ more than 60,000 people across 40 states and the District of Columbia and more than four-fifths of workers at these companies are hired locally. - Source: Times of India
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