At Home and Abroad, India Knowledge@Wharton
"The most important contribution of NRIs to first-generation MNCs was probably indirect,"
he adds. "Through their outstanding professional contributions in the
U.S. and Europe, NRIs established the credibility of Indian talent and
added luster to the India brand. This cleared the way for Indian
companies to sell their products and services in the West. And through
their annual remittances of $20 billion or more, NRIs helped strengthen
the Indian rupee, making overseas acquisitions more affordable."
