Indian tech companies employ over 2,000 people in the US – The New Indian Express

Express press service

BENGALURU: India’s tech industry generated $103 billion in revenue and directly employed more than 2 lakh people in the United States in 2021. According to Nasscom reports, released on Wednesday, Indian tech companies in the United States continue to grow. increasing their presence, and today is a vital part of the innovation progress of the American economy.

With an average salary of $106,360, there is a 22% growth in employment since 2017. The direct impact of India’s tech industry has rippled through the US economy, generating $396 billion in sales in the United States (production), supporting 1.6 million jobs and contributing more than $198 billion to the U.S. economy, which is larger than the combined economies of 20 U.S. states in 2021, according to reports.

Debjani Ghosh, President of NASSCOM, said, “India’s tech industry makes critical contributions to the U.S. economy through local investment, fueling innovation and the workforce, and enabling the development of local labor skills. The United States today has one of the largest gaps between supply and demand compared to other geographic regions.

India’s tech sector works with more than 75% of Fortune 500 companies, most of which are headquartered in the United States. The report adds that these companies have contributed more than $1.1 billion and developed partnerships with nearly 180 universities, colleges, community colleges and others to strengthen and diversify the STEM pipeline in the United States.

BENGALURU: India’s tech industry generated $103 billion in revenue and directly employed more than 2 lakh people in the United States in 2021. According to Nasscom reports, released on Wednesday, Indian tech companies in the United States continue to grow. increasing their presence, and today is a vital part of the innovation progress of the American economy. With an average salary of $106,360, there is a 22% growth in employment since 2017. The direct impact of India’s tech industry has rippled through the US economy, generating $396 billion in sales in the United States (production), supporting 1.6 million jobs and contributing more than $198 billion to the U.S. economy, which is larger than the combined economies of 20 U.S. states in 2021, according to reports. Debjani Ghosh, President of NASSCOM, said, “India’s tech industry makes critical contributions to the U.S. economy through local investment, fueling innovation and the workforce, and enabling the development of local labor skills. The United States today has one of the largest gaps between supply and demand compared to other geographic regions. India’s tech sector works with more than 75% of Fortune 500 companies, most of which are headquartered in the United States. The report adds that these companies have contributed more than $1.1 billion and developed partnerships with nearly 180 universities, colleges, community colleges and others to strengthen and diversify the STEM pipeline in the United States.

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