The US legislators are leaving no stone unturned
to save the jobs of their citizens. But according
to the report named America’s New Immigrant
Entrepreneurs, “Almost 26 percent of
all immigrant founded companies in the last
10 years were founded by Indian immigrants.”
This research was conducted jointly by Duke
University and the University of California.
It states that every fourth immigrant company
is owned by an Indian. They are the reason
for generating thousands of jobs every year.
These companies have shown more than $52 billion
in 2005 sales and created 4,50,000 jobs in
2005. The next in line are immigrants from
UK, China and Taiwan. The report further adds
that 46% of the companies founded by Indians
are software firms and 44% are manufacturing
oriented firms. |
