Eric Garcetti, US Ambassador to India, noted that Indian immigrants, who studied in the United States, constitute over 10% of Fortune 500 CEOs. He underscored the substantial impact of Indian immigrants across diverse sectors, highlighting the prevalent trend of Indians occupying top executive roles in leading American firms such as Google, Microsoft, and Starbucks.
US Ambassador Garcetti stated that Indians are making a significant impact in the United States. “Previously, the joke was you couldn’t be a CEO in the US as an Indian; now it’s you can’t be a CEO in America if you’re not Indian. Whether it’s Google, Microsoft, or Starbucks, individuals have arrived and made a substantial difference,” noted the Ambassador.
Garcetti’s Remarks on Indian Immigrant CEOs and US-India Relations:
Garcetti stated that over 10% of Fortune 500 CEOs are Indian immigrants who pursued education in the United States.
Garcetti noted, “Successes have occurred; over 10% of Fortune 500 CEOs are Indian immigrants who studied in the US.”
Earlier, Garcetti highlighted India and the US prioritizing people in the technological revolution for societal improvement.
He emphasized the relationship between the two countries as not additive but multiplicative, exponential.
Garcetti expressed, “No two nations can collaborate better, complementing each other’s weaknesses with strengths, showcasing a model of democratic values placing people at the core of this technological revolution.”
“Technology should safeguard rather than endanger us,” he remarked.
According to economists Wendy Edelberg and Tara Watson from the Brookings Institution’s Hamilton Project, a study found that in the last two years, new immigrants bolstered the US labor force, enabling job creation without causing overheating or inflation acceleration.
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