 231,000 Indian businesses in the United States employed 615,000 workers and generated more than $89 billion in revenues in 2002.
A recently released report by the U.S. Census Bureau found that the number of Indian businesses grew by 39 percent between 1997 and 2002, more than three times the national average growth of 10 percent.
Among Asians, Indians have the second largest number of businesses and volume of sales, behind only the Chinese, and have edged well past the Koreans, who were ranked second in 1997.
| Distribution of Indian-Owned Firms By Industry |
| Sector |
Number |
Sales
(Million $)
|
| Retail Trade |
40,897 |
22,821 |
| Professional Services |
38,916 |
12,157 |
| Healthcare |
33,813 |
11,112 |
| Accommodation /Food |
24,497 |
9,860 |
| Transportation |
22,796 |
1,359 |
| Real Estate |
13,505 |
1,965 |
| Administrative |
9,318 |
1,950 |
| Wholesale |
8,059 |
13,106 |
| Finance |
5,686 |
1,634 |
| Construction |
5,661 |
2,228 |
| Manufacturing |
3,811 |
6,872 |
| Information |
2,969 |
1,861 |
| Entertainment |
2,909 |
238 |
| Education |
2,543 |
178 |
| Forestry |
218 |
14 |
| Mining |
206 |
28 |
| Management |
120 |
70 |
| Utilities |
37 |
18 |
| Others |
15,006 |
1,438 |
| Total |
23,1179 |
89,023 |
 |
| Metros With the Largest Number of Asian Indian-Owned Firms |
| Metro |
Number |
Sales
(Million $)
|
| New York-Newark-Bridgeport, NY-NJ-CT-PA CSA |
58,346 |
16,557 |
| Los Angeles-Long Beach-Riverside, CA CSA |
19,715 |
7,804 |
| San Jose-San Francisco-Oakland, CA CSA |
13,336 |
4,797 |
| Chicago-Naperville-Michigan City, IL-IN-WI CSA |
12,885 |
4,420 |
| Washington-Baltimore-Northern Virginia DC-MD-VA-WV CSA |
11,032 |
4,709 |
| Houston-Baytown-Huntsville, TX CSA |
6,872 |
3,524 |
| Dallas-Fort Worth, TX CSA 6,172 2,325 |
6,172 |
2,325 |
| Philadelphia-Camden-Vineland, PA-NJ-DE-MD CSA |
5,209 |
2,359 |
| Atlanta-Sandy Springs-Gainesville, GA-AL CSA |
5,148 |
2,625 |
| Detroit-Warren-Flint, MI CSA |
4,668 |
2,2029 |
| Boston-Worcester-Manchester, MA-NH CSA |
4,185 |
2,127 |
 |
| States With Largest Number of Indian-owned firms |
| States |
Firms |
Sales
(Million $)
|
| California |
43,254 |
16,942 |
| New York |
43,240 |
11,141 |
| New Jersey |
19,131 |
7,084 |
| Texas |
18,497 |
8,006 |
| Illinois |
13,934 |
4,735 |
| Florida |
12,729 |
4,968 |
| Georgia |
7,223 |
3,624 |
| Virginia |
6,609 |
2,887 |
| Maryland |
6,202 |
2,803 |
| Pennsylvania |
6,006 |
3,090 |
| Michigan |
5,754 |
2,615 |
| SOURCE: U.S. Census Bureau, 2002 Economic Census |
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