Wednesday, January 24, 2007

Republic Day-Indian American

Indian outside India are doing better. Here is example of Indians in US.
Asian Indians have outperformed all other minority and majority groups in most measures of socioeconomic achievement in US.

Indian Americans are now the richest ethnic group in the United States. Median household income for Indian Americans was $68,771 in 2004. The median household income, nationwide, in 2004 was $46,326.


Indian Americans have the highest educational qualifications of all national origin groups in the United States. According to the American Association of Physicians of Indian Origin, there are close to 41,000 Indian American doctors. According to the 2000 census, about 64% of Indian Americans have attained a Bachelor's degree or more.(compared to 28% nationally). Almost 40% of all Indians have a master’s, doctorate or other professional degree, which is five times the national average. (Source: The Indian American Centre for Political Awareness.) These high levels of education have enabled Indian Americans to become a productive segment of the American population, with 72.3% participating in the U.S. work force, of which 57.7% are employed in managerial and professional specialties.


According to the 2000 U.S. Census Indian Americans have the highest median income of any national origin group in the United States. ($60,093), and Merrill Lynch recently revealed that there are nearly 200,000 Indian American millionaires. One in every nine Indians in the United States is a millionaire, comprising 10% of U.S. millionaires. (Source: 2003 Merrill Lynch SA Market Study). This affluence has been matched by a high degree of educational attainment.

Indian Americans own 50% of all economy lodges and 35% of all hotels in the United States, which have a combined market value of almost $40 billion. (Source: Little India Magazine). A University of California, Berkeley, study reported that one-third of the engineers in Silicon Valley are of Indian descent, while 7% of valley high-tech firms are led by Indian CEOs. (Source: Silicon India Readership Survey) According to Technology Review 35, the technical journal of the Massachusetts Institute of Technology, "while the Indian-American population is less than one per cent in the United States, the contribution of the community is to the extent of almost 17 percent".In 2002, there were over 223,000 Asian Indian-owned firms in the U.S., employing more than 610,000 workers, and generating more than $88 billion in revenue.

Comments on "Republic Day-Indian American"


post a comment