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0 commentsAs of May 2024, the global Indian diaspora numbers approximately 35.42 million, consisting of 15.85 million non-resident Indians (NRIs) and 19.57 million people of Indian origin (PIOs), as reported by the Indian Ministry of External Affairs.
Overseas Indians significantly impact India's economy, contributing roughly 3.5% to the GDP through remittances. In 2023, India received about $120 billion in remittances, nearly double that of Mexico's $66 billion. This increase, over 7.5% from the previous year, is largely due to the high demand for Indian workers in Gulf Cooperation Council (GCC) countries, particularly in the United Arab Emirates (UAE), which was the largest source of remittances.
Indians have made remarkable global contributions across various sectors, including science, business, and technology. For instance, 24 Fortune 500 companies are led by Indian-origin executives, and in the U.S., Indian-Americans play a significant role in both the startup ecosystem and small businesses.
According to the latest data from the Ministry of External Affairs (MEA) India, here is the list of the top 10 countries where the Indian diaspora resides:
1. United States of America (USA): 5.4Mn
2. United Arab Emirates (UAE): 3.6Mn
3. Malaysia: 2.9Mn
4. Canada: 2.8Mn
5. Saudi Arabia: 2.4Mn
6. Myanmar: 2Mn
7. United Kingdom (UK): 1.8Mn
8. South Africa: 1.7Mn
9. Sri Lanka: 1.6Mn
10. Kuwait: 995K
These countries showcase the extensive global reach and influence of the Indian diaspora, which continues to contribute to the economies and cultures of their host nations.
For more information, visit, MEA India: https://www.mea.gov.in/population-of-overseas-indians.htm
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