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Indian-American Community Big Impact in the US

by Mohammad Naseemaa
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The Indian-American community, now five million strong in 2023, has become one of the most influential immigrant groups in the United States. Despite making up only 1.5% of the US population, Indian Americans have made a significant impact across various sectors, said Indiaspora founder MR Rangaswami.

The “Small Community, Big Contributions,” conducted by Boston Consulting Group, explores the impact of the Indian diaspora in public service, business, culture, and innovation.

Indian Americans have contributed greatly to the US economy. Indian-origin CEOs lead 16 Fortune 500 companies, including Sundar Pichai of Google and Reshma Kewalramani of Vertex Pharmaceuticals. These leaders employ 2.7 million Americans and generate nearly one trillion dollars in revenue.

In the startup world, Indian Americans have co-founded 72 out of 648 US unicorns, including companies like Cambridge Mobile Telematics and Solugen, which employ over 55,000 people and are valued at USD 195 billion.

Indian Americans also own about 60% of US hotels, showing their significant impact on the hospitality industry. They make up only 1.5% of the population but pay an estimated 5-6% of all income taxes, amounting to USD 250 billion to USD 300 billion. Their professions indirectly create 11-12 million American jobs.

 

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