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-------------------------------------------------------------- This story was printed from ZDNet Asia. --------------------------------------------------------------
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Indian techies snubbing US jobs in favor of home
By Nick Heath
Wednesday, April 30 2008 11:13 AM URL: http://www.zdnetasia.com/news/business/0,39044229,62040813,00.htm Indian tech graduates are increasingly turning their back on western countries in favor of finding work at home. Graduates from the Indian Institutes of Technology so called 'IITians' told Evalueserve that India was fast catching up with the U.S. for the range and quality of career prospects. Between 1964 and 2001 the number of IITians staying in India was 65 percent but this jumped to 84 per cent between 2002 and 2008. The survey of 667 IITians found this was being fuelled by shifting attitudes, between 1964 and 2001 60 percent believed developed countries offered the best employment prospects but this fell to 51 percent between 2002 and 2008, with 49 percent believing India now offered better opportunities. Most tellingly, 72 percent of IITians predicted that in 10 years India would be the country holding the most promise of success, with only 17 percent choosing the U.S. and five per cent Europe. Nick Heath of Silicon.com reported from London |