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Indians second largest, richest immigrant group in US

Indians second largest richest US immigrants

For long it was believed that the Mexicans and Chinese were the fastest growing immigrant group in the United States, but not anymore.

 

In a major demographic shift, recent census data suggest that Indian Americans have quietly overtaken Chinese Americans and Filipino Americans to become the largest Asian group in the United States, and the second-largest immigrant group in the country behind Mexicans.

 

According to the Migration Policy Institute since 2013, over two million Indians have immigrants have moved to US, who now account for 4.7 of the 41.3 million foreign-born population.

 

The Indian immigrant population, which now around 206,000 in 1980 has seen a tenfold increase to 2.04 million, approximately doubling every decade. 

 

The report observed that this "importing employees from India in mostly technology-related fields" had led this "dramatic increase." In 2014, 70% of the 316,000 H-1B visa recipients were from India.

 

Indians also the richest in US

 

While Indians are slowly increasing in number, the community is now also the wealthiest. Starting from Google’s new CEO, Sundar Pichai; Microsoft’s president, Satya Nadella; and the CEO of Pepsi, Indra Nooyi; they all share one thing in common and that is they were all born in India.

 

So it is not surprising that the community as a whole is exceptionally successful in the US. The median household income for Indian Americans is roughly $101,591 — making them the highest earning group in the United States.

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