Business

Indian professionals shifting to India

By Ben Hwang ⋅ May 7, 2008 ⋅  Email This Post ⋅  Print This Post ⋅ Post a comment

With economics ramping up in India and the educated flocking to the United States, you would have never thought that the tides would turn.

But it sure seems to have. With more and more Indians that are graduating from India’s Institutes of Technology but staying there, and those that are born and raised here in the States going over to India to follow their dreams, it’s no wonder.

In fact, this is a pretty significant change from a world economics perspective. What this means is that India is actually bolstering its corporations and condensing their industrial revolution into a matter of years. With India having a population that is only outdone by China, there is much to be said about some of the technologies that could mass capitalize.

Let’s be frank. India isn’t doing so poorly as people would want to think. Just take a look at the H1B visa sponsorships in the United States. Six of the top ten visa sponsors are India corporations, with the top two, Wipro (WIT: 6.23 -6.74%) and Infosys (INFY: 22.38 -7.25%), closing in on a total of 10,000 by themselves.

This worldwide personnel shift means that the home countries are starting to become a lot more profitable to stay and there are chances of opportunities popping up there now where before, it was mainly in the United States. There’s still a need for American ingenuity. But it seems that the Indian workforce that used to be surging towards the North American shores has finally reached high tide and is finally starting to recede.

Tags: Business, India, Indian, professionals