Newsweek - India Inc
Newsweek has an article on the rise of India Inc .Its "No longer just an outsourcing hub for low-level jobs, India is luring top American talent and unprecedented new investments by tech giants like Microsoft and Intel.
"Erik Simonsen got his M.B.A. at New York University, but the 28-year-old decided to go half a world away for his internship. He chose Copal Partners, a small technology company near New Delhi over similar companies on the East Coast and in Silicon Valley. "I was drawn to India because while U.S. markets are stagnating, so much is happening here," he explains. "It's a chance to re-experience the dotcom environment of the 1990s. Companies are growing so quickly here that opportunities to take on responsibility are greater."
Universities are responding to the demand for international experience, particularly in emerging Asian markets. Last summer, Yale president Richard Levin took a 12-member team to set up joint ventures with several Indian universities. The Ivy League school will send 30 interns over this year and expects to send 50 next year. It also has 30 faculty collaboration projects underway in a number of subjects ranging from public health, to management and forestry. And this year, Massachusetts Institute of Technology's India program, funded by the National Science Foundation, flew over 28 Ph.D.s to pursue their research in science and economics. "MIT sends students because it's aware of our globalized world," says coordinator Deepti Nijhawan. "But it's a leap of faith."
M.B.A.s aren't the only ones seeking professional experience in India. Emily Hueske, who is researching mutating proteins in mice for her Ph.D., spent two months at the National Center for Biological Sciences in Bangalore. "Our lab at MIT wanted to do the work that this excellent neuroscience lab is doing; I wanted to go because India's religion, food, culture are so different." She valued meeting Indian families, and the "real" people that casual visitors don't see. "It was the most solid work time I had with a specific goal. The lab is supremely set up—different from MIT because it's more conservationist, there's more recycling.
Newsweek has an article on the rise of India Inc .Its "No longer just an outsourcing hub for low-level jobs, India is luring top American talent and unprecedented new investments by tech giants like Microsoft and Intel.
"Erik Simonsen got his M.B.A. at New York University, but the 28-year-old decided to go half a world away for his internship. He chose Copal Partners, a small technology company near New Delhi over similar companies on the East Coast and in Silicon Valley. "I was drawn to India because while U.S. markets are stagnating, so much is happening here," he explains. "It's a chance to re-experience the dotcom environment of the 1990s. Companies are growing so quickly here that opportunities to take on responsibility are greater."
Universities are responding to the demand for international experience, particularly in emerging Asian markets. Last summer, Yale president Richard Levin took a 12-member team to set up joint ventures with several Indian universities. The Ivy League school will send 30 interns over this year and expects to send 50 next year. It also has 30 faculty collaboration projects underway in a number of subjects ranging from public health, to management and forestry. And this year, Massachusetts Institute of Technology's India program, funded by the National Science Foundation, flew over 28 Ph.D.s to pursue their research in science and economics. "MIT sends students because it's aware of our globalized world," says coordinator Deepti Nijhawan. "But it's a leap of faith."
M.B.A.s aren't the only ones seeking professional experience in India. Emily Hueske, who is researching mutating proteins in mice for her Ph.D., spent two months at the National Center for Biological Sciences in Bangalore. "Our lab at MIT wanted to do the work that this excellent neuroscience lab is doing; I wanted to go because India's religion, food, culture are so different." She valued meeting Indian families, and the "real" people that casual visitors don't see. "It was the most solid work time I had with a specific goal. The lab is supremely set up—different from MIT because it's more conservationist, there's more recycling.
posted by Cogito at
1:05 PM
2 Comments:
Hi,
I came here via some blog-hopping. The Newsweek article is interesting and encouraging. I have seen quite a few of my friends study in US and then return to India and enjoy work-satisfaction in addition to other perks like proximity to family, etc. Hopefully, the trend will continue.
By
Niranjan, at 5:33 AM
The reverse brain-drain has been happening for a few years now. Though the standard of living is yet to reach the western comforts, the wage difference and quality of work are slowly catching up.
By
Cogito, at 9:42 AM
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