Asian Indian-owned biz have strong impact on U.S. states

Monday, 02 May 2011, 15:19 IST
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Chicago: Asian Indian-owned businesses are having a strong economic impact in many states across the U.S. in a wide range of sectors and are the major engine of economic growth, be it computers, hospitality industry and medical/physician sector, according to a recent survey. According to the Survey of Business Owners, 2007, released on April 26 by the U.S. Census Bureau, there are an estimated 308,514 Asian Indian-owned businesses in the United States with $152 billion in revenue, employing 850,191 people with an annual payroll of $26 billion. "Among minority and immigrant communities, Asian Indian entrepreneurs stand out in both the size of their businesses as well as profitability and business sectors they can be found.
Source: PTI
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