A professional degree and a couple of years in a reputed MNC is seen as the most secure gateway for a good paying white collar job in a developed foreign nation by most aspiring Indians today. Is it the dearth of talent overseas that is attracting these skilled professionals from India? Which are the countries that are offering high-end jobs to the skilled workforce from the sub-continent? Is such migration good for the country?
The advent of globalization and the advancements in IT and telecommunications have made the whole world an open job market, creating an atmosphere for migration of talent from one place to another seamlessly. This trend is especially witnessed very strongly in India, where there is a constant and continuous migration of talented and skilled professionals to other countries to fill up vacancies for numerous white-collar jobs.
The land of hopes and jobs
The presence of a large number of technically qualified IT professionals in India is just the answer to the need for skilled, competent, and comparatively lower-priced professionals in the US. To balance the demand-supply of skilled workers, the migration of numerous youngsters from India to the land of opportunities has taken place. The fact that nearly 60% of the H1B visa holders in the US are Indians and the fact that nearly 58% of these H1B holders are software programmers is clear evidence to the dominance of Indian white-collar workforce in the US.
Opportunities galore in the UK
The colonial rulers of our past are also the employers of a large chunk of skilled Indian youngsters today. Almost one-third of the doctors applying for registration each year with the UK medical council are Indians. From steel barons and IT experts to leading economists and scientists, the presence of educated and skilled Indians is prominent in UK.
The list continues…
Countries such as Australia, Singapore, Japan, and New Zealand are also favoring and extending offers to numerous talented Indians to work in diversified areas such as R&D, hospitality, universities, software and hardware development, and intelligence.
A reputed recruitment firm mentions on its website that 32% of NASA scientists are Indians, 14% of XEROX employees in the US are Indians, and 42% of doctors overseas are Indians. Is this migration of skilled workforce to other nations creating a brain-drain in the subcontinent? Is the Indian economy benefiting from the influx of foreign currency earned by NRIs or would the economy gain more if these people worked in India?