During his recent visit to the US, Prime Minister Narendra Modi extolled the Indian diaspora as India’s most powerful brand ambassadors. He underscored the diaspora’s profound contributions across diverse fields, underscoring their significant economic, social, and cultural impact in countries like the US and UK. Modi’s statement was a testament to the unwavering spirit and remarkable achievements of the Indian diaspora.
He emphasized the inherent understanding of diversity within the Indian culture, stating, “Indian diaspora has always been the country’s strongest brand ambassadors. We understand diversity, it’s in our blood and culture,” The prime minister, addressing a gathering at New York’s renowned Nassau Coliseum, added, “You have connected India with America and America with India. Your skill, talent and commitment are unmatched.”
Modi’s words reflected the palpable influence of the Indian diaspora, who have not only contributed to their adopted countries but also strengthened the ties between India and the global community.
Numbers That Speak Volumes
The numbers paint a compelling picture of the Indian diaspora’s impact:
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Global Presence:
There are an estimated 15.85 million non-resident Indians (NRIs) and 19.57 million people of Indian-origin worldwide, making India a nation with the largest immigrant population globally.*
US Impact:
The US alone houses a staggering 2.4 million Indian immigrants, with significant concentrations in New York and California. Over half of these immigrants arrived after 2010, reflecting a recent surge in Indian migration to the US. Indian-Americans make up just 1.5% of the US population but contribute around 6% of the nation’s income tax, generating a significant portion of US tax revenue.*
Economic Powerhouse:
Indian-Americans hold influential positions in Fortune 500 companies, including prominent figures like Sundar Pichai at Google, Nikesh Arora at Palo Alto Networks, Microsoft CEO Satya Nadella, and Adobe CEO Shantanu Narayen. These companies generate a combined revenue of $1 trillion and employ a substantial workforce of around 2.7 million Americans.*
Entrepreneurial Spirit:
Indian-Americans have founded 72 of the 650 unicorn firms in the US, companies valued at $195 billion and employing over 55,000 people. They own a significant portion of hotels and convenience stores in the US, contributing billions of dollars in revenue and supporting millions of jobs.*
Healthcare Leaders:
One in 10 physicians in the US is now Indian-American, providing healthcare services to a significant portion of the population.*
Philanthropic Commitment:
Indian-Americans have a strong tradition of giving back to their communities. They contribute an estimated $1.5 to $2 billion annually to charitable causes, supporting education and various social initiatives.*
Academic Excellence:
Indian-origin scientists have made significant contributions to research, holding prominent positions in leading US universities. They contribute to a substantial percentage of scientific publications and receive a significant portion of National Institutes of Health grants.UK Contribution
The impact of the Indian diaspora extends beyond the US. In the UK, the Indian community has made significant strides in various sectors:
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Education and Professionals:
Indians in the UK are among the most well-educated ethnic groups, with a high representation of working professionals in various fields, including medicine, law, and education.*
Home Ownership:
The Indian community boasts the highest home ownership rate in England and Wales, showcasing their strong economic presence.*
Political Influence:
The UK Parliament features a significant number of Indian-origin members, including Rishi Sunak, the former Prime Minister.Positive Perception
The Indian diaspora has fostered a positive perception of India in the US and beyond. Gallup surveys indicate that India enjoys a significantly more favorable view compared to other nations, particularly China. The popularity of yoga and Indian culture has contributed to this positive image.
The Indian diaspora has emerged as a force to be reckoned with, making a profound impact on their adopted nations. Their talent, hard work, and entrepreneurial spirit are a testament to their rich heritage and their ability to thrive in diverse environments. Their contributions are not only enriching the global economy but also fostering a deeper understanding and appreciation for Indian culture and values worldwide.
