‘50% NRIs want to return’
The United States may experience reverse brain drain as thousands of Indian IT professionals contemplate returning to India, according to a survey conducted by Corp-Corp.com, a US-based technology job portal.world Updated: May 05, 2011 02:04 IST
The United States may experience reverse brain drain as thousands of Indian IT professionals contemplate returning to India, according to a survey conducted by Corp-Corp.com, a US-based technology job portal. The finding was based on a survey of more than 1,000 survey respondents of Indian origin, nearly half of which were IT professionals.
About 50% of the respondents have plans to return soon, while 6.4% of them have already returned to their homeland. Survey participants included permanent residents, US citizens and work visa holders. 51% said their decision was based on wanting to rejoin family and 26 % cited better opportunities as the reason to return to their homeland.
Around 10% are planning to return for they believe their kids will get a better education in India. “The results are very important for American businesses because they may face challenges in filling the gap of these resources,” said Prabakaran Murugaiah, CEO of Corp-Corp.com. “Businesses cannot replace an experienced workforce overnight,” he said.
The survey results show 69% of visa holders and 57% permanent residents or citizens intend to return. These are some of the motivation to return to India: Nearly 51 % for the return is rejoining their family members in India; 26% for better opportunities in India.
Only 3% say they are returning due to job loss. Around 10% are planning their return to provide better education to their kids in India. There are about two million Indians in the US.