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This article is about people originating from India. For native ethnic groups of Venezuela, also sometimes called "Indians", see Indigenous peoples in Venezuela.
Ethnic group
During the oil-related high-income years of the 1970s, there were around 400 NRIs in Venezuela. The Indian community consisted of personnel from the petroleum and petrochemical sectors, as well as a large number of traders. Many of them had taken their families with them to Venezuela. Most of the traders belonged to the Sindhi community but there were also some persons from Tamil Nadu, Gujarat and Punjab.
When the oil boom ended in 1982, followed by devaluation of the local currency, many of the NRIs decided to seek their fortunes elsewhere. Currently, the diaspora has been whittled down to half its former size.
