WHY IT MATTERS
1. The Indian IT industry is the most frequent user of H-1B visas. It earned a little over 60 per cent of its $108 billion technology software and services export revenues from the US in 2015/16.
2. India earned $40.3 billion (over 15 per cent of its merchandise export earnings of $262.3 billion) from the US in 2015/16.
3. In 2016/17, out of India's total pharmaceutical exports worth $12.5 billion, about $8 billion (10 per cent of US generic market) was to the US.