Well, I think Mr Anto Joseph of Economic Times has summarised the action so well, that it is best one read the original!
A summary:
-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,”
Happy reading!
2 comments:
I agree with most of the "facts" in the article, I think, the factors being mentioned why foreign countries are attractive are becoming less and less of a factor.
Couple of examples:
- In US working 40 hour weeks is only a privilege enjoyed by few. Most people are easily working 45-50 hour weeks. As you go higher in the organization, the week gets longer.
- The 2 1/2 years that I spent in India, I found that the work culture is becoming easier to mold. Younger generation is ready to adapt and hence younger companies are beginning to provide a more efficient and productive work environment.
My 2 cents....
Its not the work but more the work-life balance that I am concerned will be disturbed. Any ideas are welcome.
Thanks
Vivek
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