Washington: With a whopping 29.4 percent increase, a record high of 132,888 Indian students studying in the US in 2014/15 academic year contributed $3.6 billion to the US economy, according to a new report.
India was the second leading place of origin for students coming to the US, making up 13.6 percent of the total international students in the country, according to the 2015 Open Doors Report on International Educational Exchange, released Monday.
The report is published annually by the Institute of International Education in partnership with the State Department's Bureau of Educational and Cultural Affairs.
International students' spending in all 50 states contributed more than $30 billion to the US economy in 2014 with students from India contributing $3.6 billion, the report said citing the US Department of Commerce.
China remains the top sending country, with almost twice the number of students in the US as India, but India's rate of growth and absolute increases outpaced China's 11 percent.
It was also the second year of rising numbers for India, following three years of declines.
India's 29.4 percent growth is the highest rate of growth for Indian students in the history of the Open Doors project, which spans back to 1954/55.
The last time India grew at a comparable rate (29.1) was in 2000/01 when the number of students from India exceeded 50,000 for the first time.
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