58 Indian-origin executives employ across 11 countries- A survey Report
A group of 58 Indian-origin executives heading various companies across 11 different countries, collectively employ more than 3.6 million people around the world according to a list released by a US-based top Indian diaspora organisation. This account for a combined $1 trillion in revenue, $4 trillion in market capitalisation. The countries include the US, Canada and Singapore etc. Indiaspora is a non-profit organisation of global Indian diaspora which has leaders from different backgrounds and professions.
The Indiaspora Business Leaders List has 58 executives head of different companies which have headquarters across 11 different countries, including the US, Canada, England, and Singapore. These companies have delivered annual returns of 23 per cent during the tenure of these executives, outperforming the S&P 500 by 10 per cent.
more than 3.6 million people were employed by this company worldwide and account for a combined $1 trillion in revenue and USD 4 trillion in market capitalisation.
Silicon Valley-based entrepreneur and investor MR Rangaswami who is the founder of Indiaspora released the list during a virtual press conference. “We wanted to capture this incredible feat that our community is achieving with increasing numbers, said MR Rangaswami”.
MR Rangaswami added that “The impact that the Indian diaspora is having in the realm of business is remarkable. It’s one of the reasons we launched this project, and we hope our lists will continue to raise the profile of those who have reached the very top of their fields while also serving as agents for positive change,”.
The stereotype of the Indian CEO is someone who represents the tech sector, but this list of 58 CEOs dispels that myth, he said. Moreover, these leaders represent many different sectors, like banking, electronics, consumer goods, and consulting etc.
Publishing the list during a virtual press conference, Rangaswami said that these executives are as young as 37, all the way to age 74. The median age of these executives is 54 years.