The Growing Presence of Indian IT in New Jersey
New Jersey is quickly becoming the preferred destination for Indian IT companies, their top executives, and many Indian-origin engineers working in the US. The state is home to the headquarters of several India-centric and Indian IT firms, including Cognizant, Coforge, and CitiusTech, as well as some of the top leaders of Indian IT companies.
Indian IT in New Jersey
According to an ET report, India is the second-largest foreign direct investor in New Jersey, and a significant portion of the state’s immigrant population is of Indian origin. Top executives like Sandeep Kalra of Persistent Systems, Srini Pallia of Wipro, and Sudhir Singh of Coforge all reside in New Jersey. Recently, HCLTech, the third-largest Indian IT service major, inaugurated its East Coast headquarters in the state. In the past two years, three of the top six Indian IT firms have expanded their presence in New Jersey.
Avinash Vasishtha, an IT and Technology globalisation expert and chairman of Tholons, highlighted that the affordability of New Jersey, compared to New York, attracts many Indian professionals and IT companies to the Newark area. The proximity to New York also provides superior flight connectivity for companies to cover the entire US.
Peter Bendor-Samuel, CEO of Everest Group, emphasized that New Jersey is a natural choice for headquarters due to its closeness to New York, the centre of finance and banking and home to the most Fortune 500 headquarters in the world. The state offers a more cost-effective alternative to New York while providing excellent infrastructure and access to important clients.
In 2021, Wipro opened its Americas Headquarters in East Brunswick, New Jersey, and Tata Consultancy Services announced an expansion, hiring nearly 1,000 additional employees in the state in 2022.
The increasing presence of Indian IT in New Jersey reflects the state’s attractiveness as a hub for IT companies and professionals, offering affordability, proximity to major markets, and excellent infrastructure.
