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The Economic Times

Indian investments in US on rise, creating American jobs: Official

United States India America CII Economy

Washington: Foreign direct investment from India to the United States was approximately USD 16.4 billion, which supported about 70,800 jobs, a senior US official said.

Addressing a CII India Reception on the sidelines of the SelectUSA Investment Summit at National Harbour in Maryland on Monday evening, US Deputy Undersecretary (Policy and International Trade Administration) in the Department of Commerce, Brandon Remington, said Indian firms also spent USD 330 million on research and development in America.

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