Indian Investment In U.S. Creates 1,00,000 Jobs: Study

Washington: Investment by Indian companies in the U.S. has touched a record $11 billion and in the process has created more than 1,00,000 jobs, a study has revealed.

The report, 'Investing in America, How India Helps Create American Jobs' by the U.S. India Business Council demonstrating the ways the U.S. economy is benefiting from the successful bilateral and business relationship with India, is slated to be released during the USIBC' 38th Anniversary Leadership Summit on July 11.

In October last year, U.S. Deputy Secretary of State William Burns had said that between 2000 to 2010, the Indian direct investment in America grew from $200 million to nearly $5 billion and that Indian firms have helped create some 50,000 jobs in the U.S.

However, according to the latest USIBC study, Indian investment in the U.S. "recently touched $11 billion, with as many as 100,000 American jobs created."

The contribution of Indian businesses in America is expected to give a fitting reply to all those who have been calling for a trade war between the two countries.

Read More:

10 In-Demand Recession Proof Jobs of All Time

The Best Employers to Work for in 2013