Immigrants play vital roles at 4 out of 10 Silicon Valley start-ups, and a third of those immigrants are Indians. But the US isn’t the only one to gain, according to India‘s Hindustan Times. Last year, Indians living abroad pumped $66.13 billion into the economy, compared with only $46.84 billion in foreign direct investment, the paper said. And remittances from so-called “non-resident Indians” have emerged as a more reliable source of vital foreign exchange over the past three years than investment funds.
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