Indian corporates employ over 30,000 US citizens: study

New Delhi, July 6 (PTI) Amidst the row in U.S. over
outsourcing, a study has said that big corporates like Essar,
HCL, Tata, Mahindra and Wipro have generated over 30,000 jobs
for in recent years.
Tata Group alone employs 19,000 Americans and has
invested over 3 billion dollars, besides operating 16
businesses in U.S., a report by U.S.-India Business Council
(U.S.I.B.C.) and industry body Federation of Indian Chambers
of Commerce and Industry (F.I.C.C.I.) said.
Indian employers and their American workers contribute
billions of dollars to the Federal, state and local treasuries
by way of wages, corporate taxes, payroll taxes and income
taxes, the study said.
About 12 Indian companies, including Essel-Propack,
ITC Kitchens of India, Ranbaxy, Satyam and Wockhardt, are
making a sizable impact on US economy, the chamber said.
With a presence in nearly a dozen states like Arizona,
Colorado, Florida, Missouri, New York and Texas, Essar's
American operations generated more than 110 million dollars in
revenues last year and has employed about 7,200 people till
now, which would increase to 8,500 by next year.
While Jet Airways has purchased 72 aircraft from Boeing
and with 120 direct employees, the company, which has offices
in New York, New Jersey and California, has paid 36 million
dollars to the U.S. market in total wages, taxes, and fees to
airports.
India's first pharma MNC, Ranbaxy, which is to be taken
by Japanese firm Daiichi Sankyo, has created 600 jobs and
produced 142 drugs, the report added.
In the IT sector, while Satyam employs 5,000 Americans,
Wipro Technologies has created more than 8,000 jobs and 1,000
new jobs are coming to Georgia and Michigan cities.
H.C.L. Technologies has helped to develop safety and
navigation equipment for Boeing's new 787 'Dreamliner' jet
aircraft. In America, since 1989, H.C.L. employs 3,000 in 21
locations and serves clients in 200 cities, it added.