Over 130 Indian Americans To Key Positions in USA

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Table of Contents

Indians have always been known for their intellect and innovativeness. From being the inventors of calculus to understanding gravity 24 centuries before Isaac Newton, Indians have been at the forefront of progress.

So, it’s no surprise to learn that some of the largest companies in the world are headed by Indians. Here are some Indian origin CEO’s.

Sundar Pichai, CEO, Google

Parag Agrawal, CEO, Twitter

Arvind Krishna, CEO, IBM

Leena Nair, CEO, Chanel

Indra Nooyi, CEO, Pepsico

Satya Nadella, CEO, Microsoft

Shantanu Narayen, CEO, Adobe

Neal Mohan, CEO, YouTube

Laxman Narasimhan, CEO, Starbucks

Vasant Narasimhan, CEO, Novartis

Indian Americans currently represent about 1% of the American population, which makes the appointment of 130 Indians to key positions in the Biden administration even more impressive.

The appointments fulfilled the promise he made as a presidential candidate in 2020 to the Indian American community. In fact, it’s the greatest number of Indian appointments in the history of the United States! Four Indian Americans were elected to the US House of Representatives and over 40 Indians were appointed at state and federal levels.

Now that we know president Biden has a solid faith in the capabilities of Indians in government, let’s see where else they have been making an impact.

1. Indians are the second largest immigrant group in the U.S.

Indians are now the second most immigrant group legally migrating to the United States. With a population of more than 4.5 million, Indian Americans make up 1.4% of the U.S. population. They are also the largest group of South Asian Americans, migrating to the U.S., being only second (after the Chinese) in overall migration to the U.S.

2. How Indians changed the US tech landscape

With a high level of emphasis on education and technical knowledge, Indians are now the most sought-after employees for American tech companies. In fact, if they cannot be recruited within the U.S., companies are willing to go through a lengthy and tedious sponsorship process to acquire talent from India to place them in their organizations.

Indians are also one of the largest groups pursuing STEM in the U.S. Many are studying challenging and forward-looking subjects like Robotics and AI in some of the most prestigious American universities. These Indians are highly recruited by major tech companies even before they complete their graduation. In fact, according to Factly, “more than 75% of the Indian students in the U.S. are pursuing STEM-related courses”.

3. Indians are the most entrepreneurial group of immigrants in the US

As per a report by The National Academies of Science, Engineering and Medicine titled ‘The Economic and Fiscal Consequences of Immigration’ Indian immigrants are the most entrepreneurial group in the United States. As per the report, immigrants contributed $2 trillion to the estimated GDP growth of the world's largest economy during the year 2015-16. With Indians making up a substantial amount of the migrants contributing to this whopping figure.

The report also concluded that the children of immigrants are the strongest fiscal contributors of the US population.

4. Indian students’ contribution to the U.S economy

According to a report, released by the US Department of State's Bureau of Educational and Cultural Affairs and the Institute of International Education (IIE), “India remained the second largest source of international students in the U.S., despite a 4% decline to 193,124 students.” This equated to an injection of $7.6 billion to the US economy in the academic year of 2019-20.

What’s also of notable interest is that Factly reported that a majority of Indian students are studying STEM-related degrees, and in “2020-21, 43.9% of Indian students were on OPT” This means that just under half the Indian students that come to study in the U.S. end up staying for at least 3 years with most of them eventually staying there permanently. This is a considerable contribution when you consider the type of technical knowledge they bring to the American market.

5. Indians Are The Most Educated Ethnic Group

As per a Pew Research Center Report published in 2018, 77% of Indian immigrants aged 25 or above have a bachelor degree or more. In contrast, 31% of all other immigrant groups and 32% of US-born citizens possessed at least a university degree.

6. High Representation in White Collar Jobs

9% of doctors in the US are of Indian descent, a remarkable feat considering their share of India's population. The medical expertise of Indian Americans came into the limelight during the COVID crisis when all major television networks in the US featured interviews of numerous public health experts of Indian origin commenting on how to handle the pandemic.

Indians are also very well-represented in the IT industry. Indians comprise 8 % of the founders of high-tech companies and one-third of tech startups based in Silicon Valley.

7. Indians Have A Higher Income

The annual household income of Indian Americans as per 2023 data is $1,23,700, nearly double to the national average of $63,922. Taiwanese and Filipinos with median incomes of $97,129 and USD 95000, hold the second and third place.

Other notable impacts of Indians on the American Economy

1. Indian companies seek to increase their presence in U.S. markets and at the end of 2020, Indian investment in the United States totalled $12.7 billion, supporting over 70,000 American jobs.

2. The nearly 200,000 Indian students in the United States contribute $7.7 billion annually to the U.S. economy.

3. Indian tech firms have spent $396 billion in US sales output. “This supported 1.6 million jobs in total and contributed $198 billion to the US economy, which is larger than the combined economies of 20 US states in 2021”, according to a NASSCOM report.

4. Though Indians make up 1 percent of the population, they comprise 8 percent of the founders of high-tech companies—and one-third of technology start-ups in Silicon Valley.

5. 68 percent of India-born immigrants living in the U.S. have college degrees.

6. Indians have been contributing to America's rise, and it's fair to say that the America we know today would not be what it is if it hadn't been for this group of people.

And now the 2nd and 3rd generation American-born Indians are making their mark. No longer are they struggling to make ends meet and establish themselves but rather taking the reins of the businesses their parents help set up or learning new skills that will change the course of the U.S. and the world.

However, there is still a dire need for qualified skilled professionals in the U.S. which it seems only a dynamic country like India has the answer to. The future looks bright for Indians in America and all over the world!

MY CPE ONE is a reliable offshore staffing partner for 850+ accounting and CPA firms, 200+ CFOs & businesses across the US, Canada, and the UK. With a flexible and transparent model, the company enables firms of all sizes to acquire skilled accounting, bookkeeping, and tax preparation staff. As a pioneer in offshore accounting, MY CPE ONE ensures precise alignment with the hiring needs of accounting firms, providing staff under your control and management and minimizing concerns about compliance, payroll taxes, overheads, or benefits. Trusted by 45+ of the top 200 US accounting firms, we specialize in supplying highly skilled personnel from India. We have 39 global offices across India. We are GDPR compliant, ISO 27001:2013, and SOC 2 Type II certified. We are now "Great Place to Work Certified™," "KPO Organization of the Year," and "Dream Companies to Work For" among accounting industries. MY CPE ONE is also recognized as a platinum partner by the Institute of Management Accountants (IMA). The company is strategically partnered with Boomer, a BDO Alliance USA and Abacus Alliance member.

Shawn Parikh

Co-Founder & CEO

Shawn Parikh is the CEO and Co-Founder of MYCPE ONE. A Chartered Accountant by qualification, he has over 15 years of experience of being a problem solver for small to mid-size firms and over time he has given consultation to thousands of CPAs, accountants and tax pros. Shawn has always been a big believer and advocate of social enterprises and small accounting firms & businesses. He consults and speaks on several topics ranging from Building Remote Team - Remote Working, Offshore Staffing, strategic planning, Scalability of Accounting Practice, cloud accounting, practice management, LinkedIn marketing, etc.