US Ambassador Eric Garcetti underscored the substantial impact of Indian immigrants in the United States, noting that more than 10% of Fortune 500 Indian CEOs are Indian immigrants who studied in the US. He highlighted their significant contributions to leading American companies like Google, Microsoft, and Starbucks.
Garcetti humorously remarked, “In the past, it was said you couldn’t become a CEO in the US if you were Indian. Now, the joke is you can’t become a CEO in America if you’re not Indian.” This reflects the growing influence of Indian immigrants in corporate America.
Highlighting the collaborative efforts between India and the US in leveraging technology for societal benefit, Garcetti emphasized their synergistic relationship. He emphasized the importance of democratic values in driving this technological revolution.
Furthermore, a study by economists at the Brookings Institution’s Hamilton Project demonstrated that new immigrants have positively impacted the US economy by increasing the workforce without causing overheating or accelerating inflation.
Overall, Indian immigrants play a crucial role in shaping America’s corporate landscape and contributing to its economic growth.