- India-based global IT services companies employ more than 175,000 workers in the US accounting for 8.4% of employment
- Indian IT companies in the US are deeply embedded in the roots of American society, Harsh Vardhan Shringla said
Indian IT companies contributed $57.2 billion to the GDP of the US in 2017, India’s top diplomat in the US said on Tuesday.
Addressing business leaders in Denver, Colorado, India’s Ambassador to the US Harsh Vardhan Shringla said India-based global IT services companies employ more than 175,000 workers in the US accounting for 8.4% of employment in the computer systems design and related services industry.
In his address at the 2019 State International Development Organisation (SIDO) Conference on “US-India Trade and Investment: Opportunities and Best Practices,” Shringla said Indian IT companies in the US are deeply embedded in the roots of American society and their contributions have exceeded far beyond the economy.
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For instance, the TCS launching an education initiative in 2017 called “My Future in School”, Infosys partnering with Trinity College on Applied Learning Initiative in September 2018, WIPRO’s partnership with First Book to distribute over 200,000 books by 2019-end, Mindtree’s USD 2 million grant to Stanford University in July 2018 are some of the examples of Indian IT companies’ contributions beyond their business operations, he said.
Source: Livemint
