100 Indian firms invested $17.9 bn, employ 1.13 lakh in US
A study by Confederation of Indian Industry found that 100 Indian companies have created over 1.13 lakh jobs in the US with an investment of over $17.9 billion. New York received the maximum investment ($1.57 billion), and maximum employment was generated in New Jersey (8,572 jobs). The report also states that the companies spent $588 million towards research and development.