'Brain gain' for India as elite return -- Top-range salaries tempt back tens of thousands

[Bozita]

Source: Guardian (UK), The Observer

'Brain gain' for India as elite return
Top-range salaries tempt back tens of thousands of highly skilled Indians who had moved to the West

Amelia Gentleman in New Delhi
The Observer, Sunday April 20 2008


Ashutosh Gupta's home in Richmond Park has all the lifestyle comforts that many educated Indians of his generation left India to attain - lush and peaceful gardens, a gym, a pool and, most important, unwavering electricity and water supplies.

This luxury block in the ultra-modern Delhi suburb of Gurgaon (about 4,000 miles from Richmond, London) houses several hundred Indian families who have recently returned from living in the West, part of a 'reverse brain drain' migration which is gathering speed.

Indian politicians are beginning to highlight, approvingly, the emerging phenomenon of 'brain gain', as large numbers of Indian-born executives decide that job opportunities and living conditions are as good, if not better, in India and make their way home.

Gupta, 38, moved to this gated enclave after 15 years spent studying and later working as a Goldman Sachs banker in New York and London. 'Ten years ago, if I had considered moving back, people would have questioned my sanity, and assumed I couldn't hack it in the US,' he said. 'Now everyone recognises that India is a very exciting place. There are tens of thousands of people like me making the decision to return.'

Read more: http://www.guardian.co.uk/world/2008/apr/20/india.globaleconomy

[OhioChick]

1. Then why was there a record

number of visa applications this year?

[Deja Q]

2. Last article I read, more Indians were staying home, claiming there were more opportunities there

It was a few months ago, but I like your point better.

Maybe they'll hire Americans -- does India have a comparable H1B policy?

[OhioChick]

4. ......

U.S. Overwhelmed By H-1B Visa Requests

http://www.informationweek.com/news/management/h1b/showArticle.jhtml?articleID=207200433

Who Got H-1B Visas Petitions Approved Last Year? Look At The List
Among the top 10 companies having H-1B visa petitions approved for fiscal 2007 are eight Indian firms and two U.S. companies, Microsoft and Intel.

http://www.informationweek.com/news/management/showArticle.jhtml?articleID=207001329


I'd think that India has some form of visa policy, but curious to know how many work visas they allow per year. I have read that India seems to have issues with US students attending their colleges.

[Bozita]

3. I think Indian college grads will work cheaper than their US equivalents.

Twenty grand is a lot cheaper than forty grand.

It's all about the bottom line.

[OhioChick]

5. Corporations eat that up........

The cheaper, the better.

[Skittles]

7. if the people I deal with are the "ELITE"

I'd hate to imagine what the rest of them are like :o

[pansypoo53219]

6. oh noes!1!11!!

they might have to hire americans!

[Name removed]

8. Deleted message

Message removed by moderator. Click here to review the message board rules.

[KillCapitalism]

9. This says it all right here.

"large numbers of Indian-born executives decide that job opportunities and living conditions are as good, if not better, in India"

Our standard of living is getting worse and jobs are few. If it keeps going this way, immigrants from Sudan will go back there because the standard of living is higher.