28-Jun-2017 4:11 PM
Fact Sheet: The United States and India — Prosperity Through Partnership
Direct News Source
26-Jun-2017 Expanding Ties Between Our Citizens
- Today, nearly 4 million Indian-Americans reside in the United States and over 700,000 U.S. citizens live in India. Last year, the United States Government issued nearly one million visas to Indian citizens, and facilitated 1.7 million visits by Indian citizens to the United States.
- Global Entry Trusted Traveler Program. The United States began accepting applications from India for the expedited entry program, facilitating travel in both directions that will lead to more business, investment, and tourism. In 2016, Indian visitors in the United States spent nearly $13 billion, making India the sixth largest market for U.S. travel and tourism exports.
- Skills Development. More than 166,000 Indian students studied in the United States in 2016, contributing $5 billion in economic activity and supporting some 64,000 American jobs. Over the last decade, Indian students contributed $31 billion to the U.S. economy.
- Entrepreneurship. The United States and India will co-host a Global Entrepreneurship Summit this year in India, focused on supporting women entrepreneurs, and geared toward solving 21st century challenges and improving lives. President Trump has asked Ivanka Trump to lead the United States delegation to the Global Entrepreneurship Summit.
- Indian Americans have embraced innovation and entrepreneurship, sitting at the forefront of Silicon Valley's technology revolution, and founding an estimated 15 percent of Silicon Valley startups. They have helped to develop the Pentium chip, fiber optics, and noise canceling headphones, among numerous other innovations.