Posted on 08/25/2006 4:54:14 AM PDT by CarrotAndStick
ATLANTA When Rajat Gupta could not find a decent job in India after earning a degree in mechanical engineering from the Indian Institute of Technology in Delhi in 1971, he did what many of his compatriots did.
He moved to the United States.
...(SNIP)...
"There is a huge demand for Indian executives," said Rana Talwar, the former chief executive of Standard Chartered.
...(SNIP)...
Part of what makes Indian graduates desirable is their willingness to move for a job, said Ajay Banga, chief executive of Citigroup's $18.3 billion Global Consumer Group International in New York.
"My boss said 'Ajay, you've got aspirations beyond what you're doing. Come to London and be the marketing head,'" Banga said. "If I had stayed in India, I would have been lucky to just become the marketing director of some company there."
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"There was a lot of opposition at home from the elders to letting Chandrika go to Beirut then," Krishnamoorthy said during an interview from Madras.
"I would console my mother by saying that 'The candle has to melt to let the light shine,'" she said. She told her mother to think of her "as the candle. Someone has to make a sacrifice if the children are to do well." ...(SNIP)...
But things are changing. With India's economy growing 9 percent to 10 percent annually, many graduates - and some who left the country - are remaining in the country, or returning home.
"Ten years ago, an overseas posting for a colleague would be viewed with envy, but today it is not a big deal," said Roopa Kudva, director and chief rating officer with Standard & Poor's Crisil in Mumbai. "There are more people who want to work here because India itself is turning out to be a bigger story."
(Excerpt) Read more at iht.com ...
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