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The 2010 U.S. census reported that the Indian population of the United States grew over 69% since the 2000 census. As a global agent, you should be aware of the ways in which Indian economic power intersects with North American markets. India is becoming a larger factor - both inbound and outbound - with positive implications for your global business.
In This Issue
Today there are more than 25 million people of Indian heritage living outside of India, making this the second largest expatriate group in the world after the Chinese. Though people of Indian descent have long been in Canada and the United States, it was only in the 1980s during the second Indian Diaspora that their numbers began to grow significantly.
The 2010 U.S. census reported that...
Indian immigrants have flourished in the U.S. and Canada. Today they are the youngest, fastest growing, most highly educated and highly paid ethnic group. Meanwhile, back in India, the newly booming middle class have been saving at a staggering average rate of 35 percent of household income. Increasingly they invest abroad, and U.S. properties are attracting their attention.
After decades of emigrating out of India to find economic opportunities in other countries, a surprising reversal is taking place. People of Indian Origin (PIOs) and Non-Resident Indians (NRIs) are buying land and in some cases moving back to their homeland.
Indians who have spent much of their lives as expatriates are contemplating returning to India for their later years. As a step in...