two indian-american businessmen felicitated by trump
American businessmen acknowledge their small but important contribution to the American economy.
Trump congratulated Sharad Thakkar and Karan Arora and the owners of seven other minority businesses in the Oval Office on Tuesday.
Thakkar is president of polymer technology, a recipient of minority energy this year.
Headquartered in Ohio, polymer technology works with individuals in the plastics industry to convert waste plastics they throw away into valuable raw materials.
PTS has a good track record in providing long-term services
Terminology Solutions in the automotive, home care and lawn care product line.
Headquartered in Florida, Arora is the director of the family.
It has a natural vitamin laboratory and won the National Minority export company Award of the year.
NVL has 25 years of experience in providing natural health products to global industry partners from 95,000-
Square foot facilities in Miami, Florida.
The factory is equipped with a manufacturing practice system and fully automatic packaging machinery to minimize precision and error, thus achieving high-speed production.
The night before, Thakkar and Arora won an award from Business Minister Wilbur Ross at an event in Detroit.
Both Thakkar and Arora came to the United States as students to study and through H-
1B and green card.
Arora says Trump\'s policies are reviving manufacturing in the United States.
The simplification of tax law is a great boon for small families --
A company like him
\"There is a lot of demand (globally)for US-
\"The products made are more valuable anywhere in the world,\" Arora told PTI . \". Indian-
Thakkar said Americans are making great contributions to the US economy.
He came from Baroda and came to the United States about 30 years ago.
\"This country has given me this opportunity and I am very proud of it,\" he said . \".
In 2000, Arora moved from Mumbai to the United States for undergraduate studies.
He said: \"The chances we get are great and huge . \"
During his interactions with Thakkar and Arora and other winners in the powerful Oval Office, Trump \"congratulated us all \", he also said he was \"proud\" of minority enterprises and their contribution to job creation in the country \".
Arora praised Trump for his new policy, saying businessmen like him need to spend more time on \"business planning rather than tax planning.
\"Simplifying the tax law will certainly help minority businesses,\" he said.
\"Tax reform will not only streamline the process, but will also invest more money into businesses,\" Thakkar told PTI . \".
In his speech, Trump said his administration is firmly committed to empowering minority business owners.
\"We are working to remove the barriers to government so that you can thrive, thrive and grow,\" he said . \".
Ross said there are 996,246 ethnic minorities in the country.
Companies with paid employees grew 4 last year.
9 higher than the previous year.
These ethnic minorities
Its own businesses produce $1.
He said 1 trillion of the annual income.
They employ 8 million people, but only 10 or more employees.
\"So there\'s a lot of room for growth.
But we know that ethnic entrepreneurs are qualified for this task . \"