US Ambassador to India Eric Garcetti on Friday said that Indians are making a big difference in the United States.
“The old joke was you could not become a CEO in the US if you are an Indian, now the joke is you cannot become a CEO in America if you are not Indian, whether it is Google, Microsoft or Starbucks, people have come and made a big difference,” said the US Ambassador.
More than one in 10 CEOs of Fortune 500 companies now are Indian immigrants who studied in the United States, said Garcetti.
Garcetti said, “The successes have happened, more than 1 in 10 CEOs of Fortune 500 companies now are Indian immigrants who studied in the US.”
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India and the US are putting people at the centre of technological revolution for the betterment of society, Garcetti said earlier.
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The two countries do not have an additive, or arithmetic relationship, they have a multiplicative, an exponential relationship, he emphasized.
“There are no two nations on this globe who together can do this work better, fill each other’s weaknesses with the other strengths, and show a model of what it means to do with democratic values that put people in the center of this technological revolution,” he said.
“Technology that instead of harming us, protects us,” he added.
A study by Wendy Edelberg and Tara Watson, economists at the Brookings Institution’s Hamilton Project, has concluded that over the past two years, new immigrants raised the US economy’s supply of workers and allowed the United States to generate jobs without overheating and accelerating inflation.