If a European major Nycomedwanted post doctrates in Medicinal Chemistry in India, a Chinese conglomerate Fosun Pharma wanted professionals to be based in China. A friend of mine indicated that Dupont is looking to hire over a hundred PhDs in the next 12 months for their Knowledge Centre @Hyderabad- and these would range from doctrates in entomology to polymer chemistry -across basic sciences. There were also some feelers from Guatemala and Israel!!
The mystery however seems to unravel as the latest issue of Business World gives more insight.
-Over $ 10 billion has been invested in India by the World's best corporations for R&D investments in India in the recent past. This figure could double by 2010.
-The coming decade will see India's ascendancy marked by stupendous growth, but also the destination in areas such as wireless,low cost cars, semiconductor design, biotech and nano-technology. The cutting edge science and technology initiatives will see even expat researchers wanting to work in India.
--According to the Organisation for Economic Cooperation and Development (OECD), there were 8836 Indian academics in the US in 2005-06.
-A creative research atmosphere is breathing life into many beneficiaries.
The Indian R&D ecosystem is now spawning sub-systems:
-start-ups. eg Texas Instruments (seniconductor design), Avesthagen (Biotech). Some professionals who have worked here, have gone on to start innovative startups funded by the venture capital community.
-contract firms like Wipro has provided product engineering services ( to Lockheed Martin, Boracade, Cisco etc) while Biocon has pioneered some work in ustom research in molecular biology and biologics.
-Joint Ventures with Universities eg IISc, IIIT closely working with Philips, HP, Siemens, Motorola, Nokia etc.
-Vendors like Trane India, ETA engineering providing products and services for AC systems and lab proccess applications and support facilities like Ge's Bangalore based John F Welch technology Centre ( JFWTC).
If you are presently looking for a global career in Research, you will be thinking about being in India now!!