A senior US official has said that Indian companies have created 50,000 jobs in the country through its investments at a time when unemployment is a major issue in the world's largest economy.

US Deputy Secretary of State William Burns has said that the relationship between the two countries is a mutually relationship and hat both the countries are looking to attract growth and investment. He said that the opening up of the Indian economy is a tool for the government to boost growth.

"Indian-owned Tata factory in Ohio puts thousands of Americans to work, part of the over 50,000 jobs Indian firms has created in the US. Opportunities for small, medium and large American businesses in India are staggering," he said.

He also said that he Indian economy is expected to become the third largest economy in the world by the year 2025 behind the US and China. He praised the government in India for implementing the next round of reforms in the economy.

Officials in Indian firms say that they wish to become part of the US job market and attract young talent in the country. The firms do not want to be seen as a cheaper alternative for performing jobs but as responsible US listed firms that are creating jobs and investing in the future of the country.