After the collapse of Soviet Union India decided to liberalize its economy and integrate it with global economy. India’s impressive economic growth rate made India an attractive economic partner for the US due to its technological dimensions and the role of Indian- American diaspora. These two factors are interrelated in the following ways:
1. The US absorbs about 65 per cent of India’s total exports in the software sector.
2. 35 per cent of the technical staff of Boeing is estimated to be of Indian origin.
3. 300,000 Indians work in Silicon Valley.
4. 15 per cent of all high-tech start ups are by Indian-Americans.
