As we previously reported, there are currently 5 million indians in the united states, accounting for 1.5% of the population, and they have a significant influence on American culture, industry, and public service. Despite making up only 1.5% of the population, indian Americans have a significant economic influence, as highlighted by a recent analysis by Indiaspora and Boston Consulting Group (BCG). They contribute between 5 and 6% of all US income taxes.
 
 This translates to $250–300 billion in income taxes every year. Of indian Americans, around 70% are citizens of the US. Indian-born executives, such as satya Nadella of Microsoft, Sundar Pichai of Google, and reshma Kewalramani of Vertex Pharma, are in charge of 16 Fortune 500 firms that employ 2.7 million people in the united states and bring in close to $1 trillion annually. indian Americans control the majority of hotels in the US, which generates billions of dollars in taxes and employment. indians have co-founded 72 of the 648 US unicorns in the startup space, which employ over 55,000 people and have a $195 billion valuation.
 
They get important research funds and have a large number of patents in academia. In terms of education, indian Americans outperform the US national average of 36%, with 78% having a bachelor's degree or above. indian literature, festivals, and cuisine all contribute to the cultural richness of American life. They occupy important roles in politics, Vice President Kamala harris among them. The US economy is boosted by the popularity of indian films.
 
The accomplishments of the indian diaspora also help India; in 2018–19, around $830 million—or 35% of all gifts made to the nation—was remitted to india and over $1.5 billion was contributed to US charitable causes. Although there are success stories, the indian population still suffers difficulties; as of 2020, 6% of indians were living below the poverty level, and in 2021, 14% were anticipated to be undocumented.
 
 


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SIBY JEYYA

26/06/2024 08:35 AM