Indian tech industry supports over 400,000 US jobs, says NASSCOM study

NULL

India’s tech industry contributed nearly 411,000 jobs to the US economy this year, and is up $20 billion (AED 73.4bn) in taxes from 2011-2015. That’s according to a report by the trade association NASSCOM, which was released in Washington ahead of the first Indo-US Strategic and Commercial Dialogue. It also shows the Indian tech industry contributed more than $375 million (AED 1.3bn) to the U.S. Treasury over the last four years. According to the study, California, Texas, Illinois, New Jersey and New York are the top American states where Indian IT firms have supported direct jobs.

More from Business News

On Virgin Radio today

  • The Fix With Dany Neville

    7:00pm - 11:00pm

    Officially the UAE's favourite DJ, Dany Neville makes sure you have the soundtrack you need every Saturday night.

  • Musical Freedom

    11:00pm - Midnight

Trending on Virgin Radio