Washington: Quite contrary to the general impression that India was taking away American jobs through outsourcing, Indian businesses which have invested widely in the U.S economy in diverse sectors in services and manufacturing have created thousands of jobs in this country in recent years. India-based companies have also continued to hire locally wherever they have put down roots, said the study by the Confederation of Indian Industry (CII), "Indian Roots, American Soil: A Look at Indian Companies in the U.S Economy" released on Capitol Hill. The study, based on a survey of 35 CII-India Business Forum member companies, concluded: . Since 2005, nearly two-thirds of Indian companies have added jobs to their U.S operations; . Together, these 35 companies employ more than 60,000 people across 40 states and the District of Columbia; . More than four-fifths of workers at these companies are hired locally; . An overwhelming majority of workers who are employed at these companies are American citizens; . India-based companies that have operations in the U.S have saved 2,585 jobs from being eliminated due to their acquisition of U.S firms; . The value of these acquisitions since 2005 is $5.9 Billion; The companies represent sectors including Pharmaceuticals, Telecommunications, Health Care, Energy, Iron and Steel and Information Technology. "Indian businesses have invested widely in the U.S economy in diverse sectors in the fields of services and manufacturing," said Indian ambassador to the U.S Meera Shankar said at the CII event highlighting the jobs and investments created by Indian companies in the U.S. "They have generated and sustained thousands of direct and indirect jobs in the U.S economy and have contributed to the global competitiveness of U.S companies," she said. "This is CII's first major attempt in bringing together Indian companies with operations in the U.S, as a group, to interact with members of the U.S Congress," said CII Deputy Director General Kiran Pasricha. "What we want to do is highlight the range and depth of the U.S-India business relationship and to dispel some of the misconceptions attached to Indian companies." "We want the Congress to understand and appreciate the growing contributions of Indian companies to the U.S economy, and to U.S society," she said.