There is an incorrect perception in the US that Indians are taking away the jobs of Americans, which is driven more by the fast-paced growth India in the IT and services sectors. Indian BPO companies have created income worth USD 106 billion inside the US in the past three years ending 2009, and generated 3,00,000 jobs out of which 2,50,000 were filled by Americans. These are jobs for Americans created in America but by Indian companies.Urging the US to reform its visa policies, commerce minister Anand Sharma said that the paranoia of the Americans about Indians taking away their jobs, especially in the IT and services sectors, is a myth.

Urging the US to reform its visa policies, commerce minister Anand Sharma said that the paranoia of the Americans about Indians taking away their jobs, especially in the IT and services sectors, is a myth.

There is an incorrect perception in the US that Indians are taking away the jobs of Americans, which is driven more by the fast-paced growth India in the IT and services sectors.




Citing three recent reports, including one by PricewaterhouseCoopers and International Business Forum, Sharma said, “contrary to popular perception, Indian BPO companies have created income worth USD 106 billion inside the US in the past three years ending 2009, and generated 3,00,000 jobs out of which 2,50,000 were filled by Americans.” “These are jobs for Americans created in America but by Indian companies”.

On the issue of India swamping the US with its massive services sector, the minister pointed out that though India is an exporter of services, it is a net importer of services, and there is a mutual exchange of services between the two countries.