Bauer Business Focus

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Charles Foster | May 16, 2014

Published on May 14, 2014
Charles Foster, Chairman of the Board at the Asia Society Texas Center, stopped by Bauer Business Focus to discuss Houston’s ties with India.

Charles Foster, chairman of the board at the Asia Society Texas Center, stopped by Bauer Business Focus to discuss Houston’s ties with India.

On Bauer Business Focus — A conversation on Houston’s ties to India with Houston Public Media News 88.7 Business Reporter Andrew Schneider.

Charles Foster, chairman of the board at the Asia Society Texas Center, stopped by Bauer Business Focus to discuss Houston’s ties with India. Foster has served as chairman of the society since the early ‘90s, which aims to bring about a greater understanding and awareness of the diverse cultures of Asia.

Houston is among the most diverse cities in the country with the Indian-American community numbered in the hundreds of thousands, Foster said. This began after changes in immigration law in the 1960s. They were drawn to the job opportunities here and added to the skilled Houston workforce.

“Houston has expanded and it has brought in a lot of people,” Foster said. “The whole phenomenon of Indian immigration was almost exclusively based upon job skills.”

India has seen substantial economic growth over the past two decades, affecting the flow of immigrants to Houston and economic ties with India. Many Indian students are gaining skills and an education in America but returning home to the improved economy in India, Foster said.

“Starting in the ‘90s, India began to liberalize an economy that had been tied up over complex regulations that was not very dynamic,” Foster said. “So you have what we call a reverse flow phenomena now.”

Click here to hear the full interview.

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