Well, I think Mr Anto Joseph of Economic Times has summarised the action so well, that it is best one read the original!
-Until now, it was predominantly the IT sector that drew Indians from abroad. Now, it’s the retail, infrastructure, pharma, financial sectors, engineering, hospitality and real estate.
- Many mid- and large-sized foreign companies that are setting up offices in the country are looking for Indians with international experience for their top jobs.
- Thedeepening talent crunch in the Indian market is spurring an unprecedented reverse brain drain.
However there is a caveat too..
“Different working culture abroad with less working hours, better infrastructure and absence of taxation hassles are still a driving factor for foreign countries,”