The Indian-American community , which has grown to five million in 2023, has shattered numerous barriers to become one of the most influential immigrant groups in the US, according to a report released on Thursday. The report highlights that their story is one of motivated immigrants and their children pursuing the American dream. Despite comprising only 1.
5 per cent of the US population, Indian Americans continue to have a disproportionately positive impact on various aspects of US society, as said by Indiaspora founder MR Rangaswami. He further emphasized that "The Indian American-driven innovation flows to the country's bottom line and is laying the groundwork for the next phase of economic growth." The report, titled "Indiaspora Impact Report: Small Community, Big Contributions," is the first in a series conducted by Boston Consulting Group, focusing on the impact of the Indian diaspora in the United States, with a particular emphasis on public service, business , culture, and innovation.
The report highlights the impressive economic impact of the Indian diaspora in the US, ranging from founding major companies to significantly contributing to the tax base. This financial influence demonstrates the determination of individuals who overcame challenges to make meaningful contributions to their new home. Indian-origin CEOs lead 16 Fortune 500 companies, collectively employing 2.
7 million Americans and generating nearly one trillion in revenue. Beyond big business, Indian-Ame.
