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Gen-next of immigrants in US return home ; India, China to gain from revers

Plenty of start-ups in the US are doing just fine. Conversely, India produces relatively few successful high-tech start-ups. It's all about concept and execution. Good concept/execution will make you millions anywhere; the reverse will fail in any economy, regardless of GDP growth.

I'll answer your question. Lets say you want to make a multimode scanning probe microscope in the US. oh that's too bad because there's very large established companies making it in the US and you can never outcompete them. This is a highly specialized niche market, and these sorts of things have been dominated by US firms for a long time.

Lets say you went to India instead. There's no other company making multimode scanning probe microscopes in India. But what prevents clients from importing US microscopes instead? Well, you have some advantages in India.

1. You have much stronger connections to other Indians through family, friends and business acquaintances. Since this is a niche market, having even ONE good connection is far better than having 0.
2. Cheaper costs, not just in wages but in regulations. Some of the regulations in the US are a crippling ball and chains on your business.
3. There's no existing company in India making this and you have the advantage of moving first in this market, and can probably tweak it for better performance in India's specific environment.

That's why SMIC is successful. It was the first dedicated semiconductor foundry in China and was founded by returnees. They could've never set up SMIC in a developed market; they would've been totally destroyed by TSMC and Global Foundries.
 
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I'll answer your question. Lets say you want to make a multimode scanning probe microscope in the US. oh that's too bad because there's very large established companies making it in the US and you can never outcompete them. This is a highly specialized niche market, and these sorts of things have been dominated by US firms for a long time.

Lets say you went to India instead. There's no other company making multimode scanning probe microscopes in India. But what prevents clients from importing US microscopes instead? Well, you have some advantages in India.

1. You have much stronger connections to other Indians through family, friends and business acquaintances. Since this is a niche market, having even ONE good connection is far better than having 0.
2. Cheaper costs, not just in wages but in regulations. Some of the regulations in the US are a crippling ball and chains on your business.
3. There's no existing company in India making this and you have the advantage of moving first in this market, and can probably tweak it for better performance in India's specific environment.

That's why SMIC is successful. It was the first dedicated semiconductor foundry in China and was founded by returnees. They could've never set up SMIC in a developed market; they would've been totally destroyed by TSMC and Global Foundries.

Agree with you, in India we can deal with rules way easily than USA. Again in USA company rules and regulation is killing from unemployment to disability to medical benefits. These will suck your start up capital. Again it is easy to deal with skilled labor in India then in USA (they demand too much). In USA general public is still under effect of recession they are not open to try new things and in India middle class is ready to try all new things and ready to spend.
That make difference for people who are ready to take risk for brighter future.
 
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I'll answer your question. Lets say you want to make a multimode scanning probe microscope in the US. oh that's too bad because there's very large established companies making it in the US and you can never outcompete them. This is a highly specialized niche market, and these sorts of things have been dominated by US firms for a long time.

Exactly. We are talking, as I mentioned, about situations where the super-competitive American market is saturated and the returnees are copying an existing concept. If they were developing a new concept then the American consumer, with far more disposable income, would be a more lucrative target.
 
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Agree with you, in India we can deal with rules way easily than USA. Again in USA company rules and regulation is killing from unemployment to disability to medical benefits. These will suck your start up capital. Again it is easy to deal with skilled labor in India then in USA (they demand too much). In USA general public is still under effect of recession they are not open to try new things and in India middle class is ready to try all new things and ready to spend.
That make difference for people who are ready to take risk for brighter future.

Sir, few things we learn from experience only. Even in our management classes in Sydney, the lecturers used to say that “you can read books in home but you come to class to share our experience and how it fits with the theories we provide you.” And I would like to share my experience on PDF. Last year, a pakistani international student came to our house, his name was Faraz, and he told me one day that many people bought a European four wheel drive in Pakistan for around 20lacs Pakistani rupees but now almost the same type of Chinese car is available in Pakistan for about 12lacs only, within just 2 years, and now those who bought the European four wheel drives are crying.

I have been reading economic and international politics news for last over 20 years, almost on every day basis, and we have seen how things changed. When I came to Sydney around 10 years before, people there used to say that “chinese products are the cheap, in price and quality both.” But now if you go to any high grade shopping cnetre like Myer also, almost everything is filled with the Chinese products only, including the cheap and high quality products both. I bought a Sony Laptop in 2003 when I was an international student there, which was ‘made in Japan’ and now there is almost everything ‘made in China’. I remember, just around 10 to 12 years before, people in India were ready to pay twice for the products which were ‘made in Japan’ but now in Indian market there is just no real charm for made in Japan products as it is now believed that Indian and Chinese products are also of good quality. :agree:

That pakistani guy, Faraz, was doing MBA and I told him, “even if European car company lost business of a certain type of four wheel drive to the Chinese company even in Pakistan type economies, or Japanese companies losing their business in India due to cheap but high quality Chinese products, then Chinese are beating these OECD’s companies more badly as these markets of ‘middle class’ of developing countries were traditionally belonging to OECD’s companies. It is the bigger threat to US/ EU from China as compare to the trade deficit they have with China. As, soon Chinese companies will have captured a big market of ‘middle class’ of Asia, Africa, South America leaving US/ OECD think to protect their internal markets only from China, after losing market of rest of the world.” :wave:

Just have a look on the export growth of China by last 2 years, It increased by around 60% to $1.9tn by just last 2 years since 2009 when it was around $1.2tn. And now if you add ‘service’ export also then total export level of China would be almost equal to that of US and EU at around $2.2tn each in 2011. And from here, even if China increase its export by even 50% by next 3 years, it will gain by $1.0tn which will come on the expanse of mainly OECD’s companies as Chinese companies have already covered market of usual stufss with high tech products also to an extent. Those who say that things change in a straight line way/ day by day term are kids. In a normal business enviornment, 2-3 years is enough to have a considerable level of change. There might be many techs for what the US’s companies might have spent over 10 years to develop/ improve them but it won’t take more than 1-2 years for the Chinese companies to copy them, Indian/ Chinese companies are now this much matured enough. Just have a look on the website of Tata Motors and see what type of cars/ buses/ trucks etc they manufacture in India, excluding their models of Jaguar. Even in case of Jaguar also, they have made it a business of profit by 2010, since they bought this company at its dieing state in 2008 and it is a good example to show that Indian businessmen are also as talented as Indian professionals. Have a look on the Manihdra motors also and compare these Indian four wheel drive companies with the Western ones, not much difference :disagree:.

Tata Motors : Home

New Mahindra Scorpio Pictures . See Interior & Exterior Mahindra Scorpio Photos | CarDekho.com

Luxury carmaker does profit U-turn

Jaguar Land Rover, the luxury carmaker so troubled during the depths of the recession that there were fears it could go bankrupt, has reported a profit of more than £1 billion ($1.54bn).

Tata, the Indian parent of the British manufacturer, reported that JLR made a profit after tax of £1.043 billion ($1.6 billion) in the financial year to March 31, compared to £32 million ($49.3 million) the previous year.

Carl-Peter Forster, chief executive of Tata Motors, the Indian company which bought JLR from Ford for €2.3 billion ($3 billion), said, "Jaguar Land Rover is now a strong, profitable and innovative competitor in the premium car industry and will deliver even more attractive models and technologies to customers worldwide."

Cookies must be enabled. | The Australian

Also there is one more factor of PPP when we compare the export levels of countries. That is, even if merchendise export of China was $1.9tn in 2011, they made their products in Yuan value and converted $ terms while the US/ EU’s companies make their products in $/ Euro terms itself. Hence the ‘export volume’ of China must be at least 2.5 times on PPP terms. And the story of Chinese and Indian success is going to start from now when they will go for a share in the export business of OECD’s companies from now onwards. Even 15% price difference is enough to give sufficient Competitive Advantage, then how the Western companies will compete with the Chinese/ Indian in future? An example of a four wheel drive car in Pakistan is just a start. Within just 5-6 years, I believe OECD’s economies will face as much heat on the export side that they will find it very hard to import oil/ gas/ usual stuffs etc. and in case of even 50% depreciation of the value of $/ Euro w.r.t. to Yuan to support domestic industries to reduce labor cost of US/ EU, if they will try for, we will see the same type of fall of these economies like how we saw about Russia in 90s. and with my guts feeling, I can bet that if I will remain alive, I will discuss industrial jobs moving from China to US/ EU on PDF within next 5 to 10 years from now. western nations are trying to change their destiny, an inevitable economic fall they will face in between 2017 to 2022, and a miracle they need to avoid it. and how will they do it, it is of interests to all the economists now days :smokin:
 
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NRIs moving from the US to India: How much salary to expect

That story probably made news only because of its star power. The fact that NRIs from the US are moving back to India is no shocking development. NRIs have, in the last few years, been relocating to India in large numbers, in search of better personal and professional lives. And if you are an NRI considering that move, there is one important thing that you must understand very well: the salary you will get in India.

Kris Lakshmikanth, Founder CEO of The Head Hunters India Pvt Ltd. says, "When it comes to compensation, we find that NRIs have inflated expectations. They mainly go by hearsay; their friend or friend's friend who returned to India has told them a tall story about Indian salaries. They want to go by that yard stick."

USD will not convert to INR

The first thing to remember is that you will not make the rupee equivalent of your US salary in India. The cost of living in India is significantly lower than that in the US. This also means a lower labour cost in India. These factors will determine your India salary. Seema Nair, Co-Leader India HR Operations of Cisco India explains, "The salary in India (for Cisco employees moving from US to India) is related to local labour market wage rates with a potential premium for critical skill sets."

Achyut Menon, head of Options Executive Search Pvt Ltd also adds, "In the nineties, people who were posted to India got expat salaries. But those days are over. In the last 10 years, India has become an attractive market for global companies who are not just looking to set up offshore centers here, but also to capitalize on the growing, educated and highly aspirational middle class consumer segment. Added to that is the availability of skilled labour within India itself. Companies no longer need to pay expat salaries."

Benchmark: What then should be the broad benchmark?

Both Lakshmikanth and Menon say that while there cannot be a standard formula, the Big Mac Index is a good guideline to calculate salaries. The Big Mac index published by The Economist, is based on the theory of purchasing-power parity (PPP), according to which exchange rates should adjust to equalise the price of a basket of goods and services around the world. The basket in this case being a McDonald's Big Mac.

Now according to the last available index dated July 2011, a Big Mac costing USD 4.07 in the US costs USD 1.89 in dollar terms in India (Rs 85 converted at an exchange rate of Rs 45). It means that the Big Mac costs 54% less in India; the cost of living is 54% lower in India. Read another way, this means that the rupee is undervalued by 54% to the dollar and that on the basis of PPP, one dollar would actually be worth Rs 21 instead of Rs 45.

So if you are drawing a salary of USD 100,000 in the US, you can expect to draw Rs 21 lakh in India, give or take. At an exchange rate of Rs 45, that would translate to an Indian salary of USD 46,666 or 46% of the US salary.

"Senior management can expect anywhere between 40% and 70% of their last drawn US salary when they move to India," Menon explains, adding, "At the 70% end would be people who have moved to India to set up a development/ engineering center or to head the global company's India start-up."


Best career move

Having set that broad benchmark, the salary would also vary between industries and functions. You would need to choose your profile and company carefully to maximise your salary.

"Manufacturing would pay less than technology. Within technology, we find that delivery of software is something which Indian companies have become masters in. They don't need to employ people from overseas. In fact, such people from the US are paid less than the person who stayed back in India because those returning from the US have handled fewer people teams as compared to peers in India," Lakshmikanth points out.

Similarly, domestic Indian companies do not usually recruit NRIs for strategic positions if the NRIs are not familiar with the dynamics of the Indian market and work place.

As an NRI moving back to India, Menon says it would be best to join a company in the US which has plans to start-up/ expand in India. "A lot of US companies across sectors like engineering, legal, analytics, financial services, pharmaceuticals are setting up operations in India.

These companies are happy to send an Indian to India who also has experience of their other markets.
The employee benefits because he can grow with the company's operations in India. In the beginning, the company will set up a 30-40 staff office and expand going forward. As a member of the start-up, the employee grows as the company grows, making it a win-win for both" he explains.

Parting shot

"At the end of the day, come back to India for the same reasons you went abroad: for personal and professional growth and happiness. Come with a long term view in mind and you won't regret it," Menon advices.

(The author is a chartered accountant and financial writer. She also blogs at blogs.economictimes)

NRIs moving from the US to India: How much salary to expect - Economic Times
 
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Bangalore hires more NRIs than other cities: Study

BANGALORE: Among Indian cities, Bangalore hires the highest proportion of NRI professionals.

In the January-March 2012 quarter, NRI professionals were 29% of the total number of lateral hires (people with more than three years of experience ) in Bangalore. In Delhi /NCR, this was 27%, in Mumbai 26%, in Hyderabad 18% and in Chennai and Kolkata 16% each, says a study by MyHiringClub, a global recruitment tendering platform. "Overall hiring activity was not good in the final quarter of the last financial year, but the quantum of NRI hiring has gone up. IT, pharma and healthcare companies prefer to hire candidates with international exposure,'' says Rajesh Kumar, CEO of MyHiringClub. Many of these are companies that are expanding globally and therefore need to understand global practices and market specificities , which NRIs do.

The study finds that NRI professionals accounted for 21% of total lateral hiring in India during the quarter, a 5 percentage point increase over the previous quarter's 16%. The IT &ITES sector has seen the maximum number of NRI hiring at 23%. Pharma and healthcare accounted for 21%, FMCG 18% and infrastructure 11%. Bangalore has long been the preferred choice for NRIs. Third party hirers say 7 out of 10 candidates who want to relocate to India ask for vacancies in Bangalore. "If candidates do not have specific compulsions, based on factors like ageing parents, spouse located elsewhere, bought a home in a different city, children' s school admissions etc, most of them prefer Bangalore,'' says B S Murthy, CEO of executive search firm LeadershipCapital .

Ajay Dutt, business head at Aim Plus Staffing, says Bangalore is the top priority destination for a majority of returning professionals. "The job opportunities are the highest here. Also, 60% of NRIs who are looking to return are techies and being in Bangalore gives them an edge,'' he says. Kris Lakshmikanth, CEO of HeadHunters, say that in most cases, the NRI preference is for city close to their hometown and for Bangalore.

"Bangalore often becomes the only choice for candidates who have their origins in Kolkata, Bhubaneshwar, Lucknow etc. It's got great weather, it's neutral, relatively more safe to live and work and it's cosmopolitan,'' he says. India Inc is expected to hire around 35,000 "home-coming'' Indians during fiscal 2013. Some 946 employers from 11 industry segments across six cities participated in the MyHiring Club study.

Bangalore hires more NRIs than other cities: Study - The Times of India
 
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Unfortunately, we have to wait for two more years to get the leader capable enough to absorb this talent. India's 6 main metro cities can't take anymore pressure from constantly migrating people.

We need at least 10 new metros emerging from tier-2 cities.

i agree with second paragraph of your post
 
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Reverse brain drain: For many immigrants' children, American dream lies in India, China

Samir Kapadia seemed to be on the rise in Washington, moving from an internship on Capitol Hill to jobs at a major foundation and a consulting firm. Yet his days, he felt, had become routine.

By contrast, friends and relatives in India, his native country, all in their early-to-mid-20s, were telling him about their lives in that newly surging nation. One was creating an e-commerce business, another a public relations company, still others a magazine, a business incubator and a gossip and events Web site.

"I'd sit there on Facebook and on the phone and hear about them starting all these companies and doing all these dynamic things," recalled Mr. Kapadia, 25, who was born in India but grew up in the United States. "And I started feeling that my 9-to-5 wasn't good enough anymore."

Last year, he quit his job and moved to Mumbai.

In growing numbers, experts say, highly educated children of immigrants to the United States are uprooting themselves and moving to their ancestral countries. They are embracing homelands that their parents once spurned but that are now economic powers.

Some, like Mr. Kapadia, had arrived in the United States as young children, becoming citizens, while others were born in the United States to immigrant parents.

Enterprising Americans have always sought opportunities abroad. But this new wave underscores the evolving nature of global migration, and the challenges to American economic supremacy and competitiveness.

In interviews, many of these Americans said they did not know how long they would live abroad; some said it was possible that they would remain expatriates for many years, if not for the rest of their lives.

Their decisions to leave have, in many cases, troubled their immigrant parents. Yet most said they had been pushed by the dismal hiring climate in the United States or pulled by prospects abroad.

"Markets are opening; people are coming up with ideas every day; there's so much opportunity to mold and create," said Mr. Kapadia, now a researcher at Gateway House, a new foreign-policy research organization in Mumbai. "People here are running much faster than the people in Washington."

For generations, the world's less-developed countries have suffered so-called brain drain — the flight of many of their best and brightest to the West. That has not stopped, but now a reverse flow has begun, particularly to countries like China and India and, to a lesser extent, Brazil and Russia.

Some scholars and business leaders contend that this emigration does not necessarily bode ill for the United States. They say young entrepreneurs and highly educated professionals sow American knowledge and skills abroad. At the same time, these workers acquire experience overseas and build networks that they can carry back to the United States or elsewhere — a pattern known as "brain circulation."

But the experts caution that in the global race for talent, the return of these expatriates to the United States and American companies is no longer a sure bet.

"These are the fleet-footed; they're the ones who in a sense will follow opportunity," said Demetrios G. Papademetriou, president of the Migration Policy Institute, a nonprofit group in Washington that studies population movements.

"I know there will be people who will argue all about loyalty, et cetera, et cetera," he said. "I know when you go to war, loyalty matters. But this is a different kind of war that affects all of us."

The United States government does not collect data specifically on the emigration of the American-born children of immigrants — or on those who were born abroad but moved to the United States as young children.

But several migration experts said the phenomenon was significant and increasing.

"We've gone way beyond anecdotal evidence," said Edward J. W. Park, director of the Asian Pacific American Studies Program at Loyola Marymount University in Los Angeles.

Mr. Park said this migration was spurred by the efforts of some overseas governments to attract more foreign talent by offering employment, investment, tax and visa incentives.

"So it's not just the individuals who are making these decisions," he said. "It's governments who enact strategic policies to facilitate this."

Officials in India said they had seen a sharp increase in the arrival of people of Indian descent in recent years — including at least 100,000 in 2010 alone, said Alwyn Didar Singh, a former senior official at the Ministry of Overseas Indian Affairs.

Many of these Americans have been able to leverage family networks, language skills and cultural knowledge gleaned from growing up in immigrant households.

Jonathan Assayag, 29, a Brazilian-American born in Rio de Janeiro and raised in South Florida, returned to Brazil last year. A Harvard Business School graduate, he had been working at an Internet company in Silicon Valley and unsuccessfully trying to develop a business.

"I spent five months spending my weekends at Starbucks, trying to figure out a start-up in America," he recalled.

All the while, Harvard friends urged him to make a change. "They were saying: 'Jon, what are you doing? Go to Brazil and start a business there!' " he said.

Relocating to Sao Paulo, he became an "entrepreneur in residence" at a venture capital firm. He is starting an online eyewear business. "I speak the language, I get the culture, I understand how people do business," he said.

Calvin Chin was born in Michigan and used to live in San Francisco, where he worked at technology start-ups and his wife was an interior decorator. Mr. Chin's mother was from China, as were his paternal grandparents. His wife's parents were from Taiwan.

They are now in Shanghai, where Mr. Chin has started two companies — an online loan service for students and an incubator for technology start-ups. His wife, Angie Wu, has worked as a columnist and television anchor.

"The energy here is phenomenal," Mr. Chin said.

The couple have two children, who were born in China.

Reetu Jain, 36, an Indian-American raised in Texas, was inspired to move to India while taking time off from her auditing job to travel abroad. Everywhere she went, she said, she met people returning to their countries of origin and feeling the "creative energy" in the developing world.

She and her husband, Nehal Sanghavi, who had been working as a lawyer in the United States, moved to Mumbai in January 2011. Embracing a long-held passion, she now works as a dance instructor and choreographer and has acted in television commercials and a Bollywood film.

"We're surrounded by people who just want to try something new," Ms. Jain said.

For many of these emigres, the decision to relocate has confounded — and even angered — their immigrant parents.

When Jason Lee, who was born in Taiwan and raised in the United States, told his parents during college that he wanted to visit Hong Kong, his father refused to pay for the plane ticket.

"His mind-set was, 'I worked so hard to bring you to America and now you want to go back to China?' " recalled Mr. Lee, 29.

Since then, Mr. Lee has started an import-export business between the United States and China; studied in Shanghai; worked for investment banks in New York and Singapore; and created an international job-search Web site in India. He works for an investment firm in Singapore. His father's opposition has softened.

Margareth Tran — whose family followed a path over two generations from China to the United States by way of Cambodia, Thailand, Hong Kong and France — said her father was displeased by her decision in 2009 to relocate.

"It's kind of crazy for him that I wanted to move to China," said Ms. Tran, 26, who was born in France and moved to the United States at age 11. "He wants me to have all the benefits that come from a first-world country."

But after graduating from Cornell University in 2009 at the height of the recession, she could not find work on Wall Street, a long-held ambition. She moved to Shanghai and found a job at a management consulting firm.

"I had never stepped foot in Asia, so part of the reason was to go back to my roots," she said.

Ms. Tran said she did not know how long she would remain abroad. She said she was open to various possibilities, including moving to another foreign country, living a life straddling China and the United States or remaining permanently in China.

Her father has reluctantly accepted her approach.

"I told him, 'I'm going to try to make it in China, and if things work out for me in China, then I can have a really great career,' " she said. "He didn't hold me back."

Reverse brain drain: For many immigrants' children, American dream lies in India, China - The Times of India
 
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India shold learn from China..The govt. itself and they ask private companies to lure post graduates studying in China with lucrative packages. Its like using US facilities to research then come back and bring your local industry to theirs.

I don't know whether people will agree with me or not, movies are helping in this reverse flow. People migrated back after seeing SWADESH....

Media and entertainment industry should focus more on making these assets feel nostalgic. Emotional approach sometimes overwhelm economic need. Many returned back even when pay was low just to be living in their country.
 
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India shold learn from China..The govt. itself and they ask private companies to lure post graduates studying in China with lucrative packages. Its like using US facilities to research then come back and bring your local industry to theirs.

I don't know whether people will agree with me or not, movies are helping in this reverse flow. People migrated back after seeing SWADESH....

Media and entertainment industry should focus more on making these assets feel nostalgic. Emotional approach sometimes overwhelm economic need. Many returned back even when pay was low just to be living in their country.

with that, there is a serious uncertainty in western market. no company is as confident as they used to be in 80s/90s. output of the companies based in ASEAN+China+India would always increase as they have even their enough home demand with increase in middle class, like how India add over 20mil Middle Class every year who demand more. but the same is absent in the 'saturated' markets of US/EU. and on the top of that, Indian/Chinese companies now make the products of enough good quality that there would be a reason, why someone would buy a similar western products for 4-5 times more price. in australia, we had good chinese TVs starting from hardly $300, pretty good in fact, while the similar type of Japanese TVs were starting from at least $1,000 with just little better functions? so, if someone would pay for the expansive Japanese TV then there is a question, why and how much more they may get out of paying 4 times more???

there is just no future of western companies as most of them have now become hardly "Marketing Companies" who make their products in developing markets. and this also means that future upgrading of the production lines will be done in the same developing countries as these productions lines are based there. and those who back to India know that the salary might be little less but that certain Indian company would only grow in future which they can't expect from the western firms who always need bail-out packages on time to time........
 
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most of them have now become hardly "Marketing Companies" who make their products in developing markets. and this also means that future upgrading of the production lines will be done in the same developing countries as these productions lines are based there.

Source: http://www.defence.pk/forums/world-...-india-china-gain-revers-3.html#ixzz218FrXll4
That's Russian thinking, always concentrating on minimal, graduated, investments in human and material capital. Western companies don't usually think that way, at least not to the constrained degree Russians do. People can move around, capital can be moved even more, hence Intel has many of its creative brains in Israel, its corporate offices in America, and its production plants in Israel and China and elsewhere.
 
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when i talk too many people (Pakistanis) living in west they say nothing is left there and better to live in homeland.
 
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when i talk too many people (Pakistanis) living in west they say nothing is left there and better to live in homeland.

first the western markets are saturated and the demand there is of CHinese products only, which are offered for a very low price. and at the same time its now a common sense that a firm based in US wont grow in future, as compare to companies of emerging nations. no one would like to work for the firms who always need bail-out packages on time to time for survival......
 
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It's not just about entrepreneurship. If you have a decent level of experience in US you do have many opportunities now in India to get absorbed in a high paying MNC. Many people wait for their citizenship to come through and have kids in US to ensure flexibility of movement with the citizenship status. This reduces the risk when you move.

A high income lifestyle in Delhi / Gurgaon (places I am familiar with) is actually very luxurious, and much more so if it is a double income family. And you are able to afford chauffeur, maids,cooks etc.... And hence in some ways an easier lifestyle.

And then of course there is the attraction of being closer to your roots, family, etc.in my personal experience few of my friends moved back because 1. They had US citizenship so can move back if need be 2. Wanted to be close to parents to take care of them in old age 3. Were offered a higher position and premium salaries from an MNC.
 
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It's not just about entrepreneurship. If you have a decent level of experience in US you do have many opportunities now in India to get absorbed in a high paying MNC. Many people wait for their citizenship to come through and have kids in US to ensure flexibility of movement with the citizenship status. This reduces the risk when you move.

A high income lifestyle in Delhi / Gurgaon (places I am familiar with) is actually very luxurious, and much more so if it is a double income family. And you are able to afford chauffeur, maids,cooks etc.... And hence in some ways an easier lifestyle.

And then of course there is the attraction of being closer to your roots, family, etc.in my personal experience few of my friends moved back because 1. They had US citizenship so can move back if need be 2. Wanted to be close to parents to take care of them in old age 3. Were offered a higher position and premium salaries from an MNC.

there is nothing in West now which you can't get in India if you have a good paid job but emerging economies like India do offer a better career prospects which is absent in US/EU right now. having a credible degree from a foreign institute with good foreign work experience do mean that you would then try to move to the emerging markets which would grow in future, not like OECD economies who just dont have any future prospects.........
 
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