In last 3 years Indian companies generated 3 Lakh jobs in U.S. in 3 years.  Corporate India has produced 3,00,000 jobs for people in the U.S. between 2004 and 2007, though the Indian outsourcing industry is blamed for taking away American jobs, says a study.

According to the study by India Brand Equity Foundation, the Commerce and Industry Minister Anand Sharma mentioned that Indian industry has contributed $105 billion to the U.S. economy during 2004-07.

Encouraged by U.S. President Barack Obama’s calls, many U.S. companies moved from Bangalore to Buffalo. Therefore the $50 billion Indian outsourcing industry now has come across a major crisis in the U.S.

Source: www.siliconindia.com