Indian Diaspora: 30 Million People Of Indians Are Valuable Global Asset

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Indian Diaspora: 30 Million People Of India Are Valuable Global Asset
Indian Diaspora: 30 Million People Of India Are Valuable Global Asset

When Saddam Hussein’s Iraqi forces invaded Kuwait in 1990, Mathunny Mathews better known as Toyota Sunny stepped in as ‘Messiah Mathews’. Sunny’s immense contribution played a crucial role in saving 1,70,000 Indians from the Kuwait war in 488 flights.

  • Indian Diaspora in 2017 witnessed a biggest lose when Bollywood flick ‘Airlift’ inspired hero Toyota Sunny died. There are many more Non-Resident Indians (NRI) who makes India proud at different junctures of the country’s journey.
  • From Google CEO Sundar Pichai to Nobel laureate scientist Har Gobind Khorana and Microsoft CEO Sathya Nadella to world’s one among the leading music conductors Zubin Mehta, the list of NRIs and their contribution to the world goes endlessly.
  • What we see today is Indians in all walks of life. We have Indian filmmakers, Indian lawyers, Indian prosecutors, Indian authors, Indian businessmen and Indian émigrés rose through the ranks across the globe.
  • The nation boasts of largest ‘diaspora’ in the world with more than 30 million persons of Indian origin living abroad. The crowd represents just 1 percent of India’s population but it is the crucial cog that the NRI pool contributes 3.4 percent of India’s GDP.
Indian Diaspora: 30 Million People
They play key roles in their respective nations
  • A World Bank report released last year said India was the largest remittance-receiving country in the world, with an estimated $69 billion in 2015.
  • India’s diaspora is considered to be skilled, educated and wealthy.  Further, the proportion of highly-skilled Indian migrants has increased considerably over the past decade as the globalisation of trade, capital, and labour has taken hold.
  • A diaspora estimated at over 30 million people fills mainstream roles and responsibilities in their adopted countries, helping shape the destiny of these countries. The President of Singapore, Governor-General of New Zealand and prime ministers of Mauritius and Trinidad and Tobago were all of the Indian descent.
  • Between 1995 and 2005, over a quarter of immigrant-founded engineering and IT companies in the United States were started by Indians, according to a study by Duke University and the University of California. And Indian expats owned an estimated 35 percent of the country’s hotels.
  • According to the 2000 U.S. census, Indians had median annual earnings of $51,000, compared to $32,000 for Americans overall. About 64 percent of Indian-Americans have a bachelor’s degree or more, compared to 28 percent of Americans overall, and 44 percent for all Asian-American groups. Almost 40 percent have a master’s, doctorate or another professional degree, five times the national average.
  • When people of Indian origin are held in high esteem, respect for and understanding of the country go up. The influential Indian diaspora affects not just the popular attitude, but also government policies in countries where they live, to the benefit of India. India benefits tremendously through these people in luring large multinational companies as well as entrepreneurial ventures.
Indian Diaspora: 30 Million People
source:-internet
  • The government’s emphasis on domestic transformation continued to gain acceleration with India’s foreign policy strategy.
  • The Diaspora population bring technical and domain expertise to domestic startups and often act as angel investors. Diaspora Indian faculty abroad volunteer time and resources to help faculty on Indian campuses improve the quality of education — as in the case of member institutions of the Indo Universal Collaboration of Engineering Education. This was reflected in advancing projects whether through government arrangements or private commercial deals related to Make in India, Skill India, Digital India, Start-Up India as well as those aimed at improving our infrastructure and transportation links and fostering all-round sustainable development in urban or energy sectors.

 

 

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