Techtalk Dec '04 - Ab India door nahin

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Title: Techtalk from Career Graph
December 2004        Vol 1  Issue 8   
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Dear Friend,

Ab India door nahin. To the multitudes of Indians working in the US and elsewhere, coming back to India is a pretty realistic thought. The opportunities are abundant, avenues transparent and the environment, welcoming.

Very appropriately, this issue of TechTalk is about, well, returning home. We have a collection of articles which give a very good insight into the topic - the personal and professional motivations, the surge of outsourcing, venture capital and the general scenario. We hope you find the information of relevance.

Do visit www.career-graph.com to check the best collection of jobs and find the most suited for you. Check the sampling on the right panel.

Enjoy.

Regards, Editor


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CAREER-GRAPH NEWS
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CHANGING TIMES

Brain drain is reversing, say NRI achievers
For fifteen young innovators of Indian origin who were honoured with the MIT Global Indus Technovators awards, the question of 'brain drain' has always been a seminal one.

Many of these achievers, chosen from an eclectic mix of graduate students, professors, grassroots development
workers and even successful entrepreneurs, seem to think staying back in India is no longer an obstacle to success. From Express India


Return of the techies: The changing equations
A few years ago a job in India was considered to be a prelude to a lucrative job in the US. However, as NRIs and other foreign nationals flock to the country to be a part of the IT industry here, India is now being fast considered the land of opportunities, says Prashant Govil. From Express IT People

MOTIVATIONS

Do NRI techies need motivation to return home?
The shift in the global market for IT professionals, along with a protracted slowdown in the tech sector in the US, is leading many NRI techies to rethink their career goals. A number of other geo-political factors are also prompting this new thinking.

Multinationals and Global 500 companies have already jumped onto the IT and BP Outsourcing bandwagon or
are seriously considering doing so. They are already shifting their bases from the US to India. From Express IT People


NRI techies head back home
It?s boom time for techies all over again. And this time, it?s the young NRI?s who are reaping the benefits, as they take this opportunity to return to their roots, while the companies get to pick from the cream of Indian IT talent abroad. From Times of India

MONEY MATTERS

Bulli$h Boom: India's hot 'n' sexy
"A few years ago, even an Indian girl working with a foreign firm wouldn't take note when we tried to sell an India growth story. Today, even foreigners are eager to learn about available investment opportunities.

You no longer need to spell names of companies or
places in India. Interests levels are high," says a senior merchant banker, explaining the change in investor perception over the years. >From Times of India


Venture capital firms coming back
Venture capital firms are renewing their interest in the Indian IT industry after staying away post dotcom bust. VC interest is being driven with India becoming the first choice as a second development centre for most American IT companies.

The US corporates are increasingly looking at outsourcing their back office operations to the country. Besides, within India, entrepreneurship is once again on the high, according to industry sources. From Financial Express
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