SynergyZ Vol 12 - Dec 2013

Page 54

Opportunities in India

Homeward Bound

S

tarting in the seventies and eighties, increasingly

By 2015 approximately 300,000 working professionals will return to India. There are many reasons for this...� Umeed Kothavala outlines the pros and cons for consideration by experienced and talented Indians with international exposure.

ambitious Indian parents packed their children off to colleges abroad in the hope of a better education, better job opportunities and a premium in the marriage market. Moving West or Down Under was a passport to prosperity and a better future. Is the tide now turning? What started as a trickle in the nineties is fast gaining momentum. Kelly Services, a recruitment consultancy firm, estimates that by 2015 approximately 3,00,000 working professionals will return to India. There are many reasons for this.

Multinationals are relocating employees

Multinationals setting up office in 54

SynergyZ

December, 2013

India and expanding their business on the sub-continent are relocating their Indian employees back to India. Their NRI employees blend well into the Indian work culture and most understand at least one Indian language; and India is in need of these experienced managers and tech professionals. Salaries are commensurate with the foreign lifestyle. Green card and immigration insecurity

Green cards in the US are more difficult than ever to get with waiting times stretching from six to ten years. Better opportunities in India

The economic downturn in 2008 and the recession that followed resulted in jobs vanishing almost overnight. The


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.