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India's Talent Boom: Professionals Return Home
20 Feb
Summary
- Indian talent retention is now the norm, not an exception.
- Professionals are returning to India or choosing to stay back.
- India now offers world-class talent and inspiring work opportunities.
Entrepreneur Anupam Mittal has highlighted a significant trend: Indian talent is increasingly choosing to stay in India or return from abroad. This phenomenon, termed reverse migration, indicates a major shift in global talent dynamics. Mittal contrasted the current situation with 20 years ago when hiring was challenging, stating that India now possesses world-class talent.
Professionals who might have previously remained in places like Silicon Valley are now opting for Bengaluru and Mumbai. While tighter immigration policies in other countries have played a role, Mittal emphasizes that the primary drivers are the inspiring work opportunities and the evolving ecosystem in India.
This transformation is attributed to factors such as the rise of internet-first companies and an improved workforce comprising skilled designers and engineers. Netizens have echoed Mittal's sentiments, noting that India now offers capital, scale, and global impact opportunities, making it a compelling choice for talent.
The US H-1B visa policy changes, including a $100,000 fee, underscore the shifting global hiring landscape. Historically, India's IT sector heavily relied on such visa programs to deploy skilled professionals for outsourcing services.
