How America Benefits from Economic Engagement with India

The book presents, for the first time, a comprehensive analysis of America’s economic engagement with India for the period 2004 to 2009. The analysis covers India’s foreign direct investments into the United States and U.S. exports to India, as well as an assessment of their impacts on the American economy in terms of jobs created and saved. Also included in the study are the economic impacts Indian Americans are having in the United States.

The book presents, for the first time, a comprehensive analysis of America’s economic engagement with India for the period 2004 to 2009. The analysis covers India’s foreign direct investments into the United States and U.S. exports to India, as well as an assessment of their impacts on the American economy in terms of jobs created and saved. Also included in the study are the economic impacts Indian Americans are having in the United States. It's more up-to-date and more comprehensive about U.S.-India economic engagement than practically any other study published so far. It presents a case for even stronger business ties between the United States and India. Such a relationship will benefit the United States (and India) especially with regard to jobs, the Number One policy issue in Washington and the Number One livelihood issue on Main Street America today. The study was published by the India-US World Affairs Institute, in association with the Robert H. Smith School of Business, University of Maryland, and the Federation of Indian Chambers of Commerce & Industry (FICCI).

Vinod Jain is associate director of research and a member of faculty of the Robert H. Smith School of Business, University of Maryland, as well as President and CEO of India-US World Affairs Institute, Inc. A true cosmopolitan and Fulbright Scholar, Vinod has lived and worked in India, the United States, Western Europe, Eastern Europe, China, and the Middle East. During the last ten years, he has received and managed five competitive grants from the U.S. Department of Education, including a $1.43 million grant in 2006 to establish the Center for International Business Education & Research at the University of Maryland, which he headed until February 2009. Vinod teaches “strategy”, “global strategy”, and “emerging markets” on Smith School’s MBA program, and “strategy” at the University of Lodz in Poland. He has also taught on Smith School’s Executive MBA program in China and Switzerland. His current research involves measuring regional innovation in the United States, a project funded partially by the IBM Center for the Business of Government. Prior to returning to academia in 1990, Vinod worked in industry for some fifteen years and held a variety of middle and senior executive positions with multinational corporations. And, he has been honored by the Governors of both Ohio (2001) and Maryland (2004) for his services to their states. He has a Ph.D. in business and management from the University of Maryland and Master’s degrees in Management (UCLA) and Statistics (Indian Statistical Institute). He serves on the Maryland/Washington D.C. District Export Council, to which he was appointed by the Secretary, U.S. Department of Commerce in 2008. He is a member of the Academy of International Business, Academy of Management, Mensa, and the Asia Society.