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Why 50% US green card holders want to return home
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 that plan to return
About 50 per cent
of the respondents have plans to return soon,
while 6.4 per cent of them have already returned
to their homeland.
included permanent residents, US citizens and
work visa holders.
Fifty-one per cent
said their decision was based on wanting to
rejoin family and 26 per cent cited better
opportunities as the reason to return to their
homeland. Around 10 per cent 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.
replace an experienced workforce overnight,” he
said. The survey results show 69 per cent of
visa holders and 57 per cent permanent residents
or citizens intend to return.
These are some of
the motivation to return to India: Nearly 51 per
cent for the return is rejoining their family
members in India; 26 per cent for better
opportunities in India.
Only 3 per cent
says they are returning due to job loss, which
is consistent with low unemployment of around 6
per cent in the IT sector even though the
generic unemployment is over 8 per cent. Around
10 per cent are planning their return to provide
better education to their kids in India.
There are about two
million Indians living in US and many of them
hold bachelor or higher degrees. Indians share a
large percentage in the numbers of PhD holders.
Among the Asian Indian population, around 60 per
cent are in management or professional
“Many of the returning Indians have aged parents
back home to take care. Also, recent economic
growth in India with many good opportunities
fueled their thought process of heading back.”
“In addition to
that, many US companies are opening their
offices in India and hiring more to target the
growing market in Asia. There may be some
challenges in filling the gap created by these
resources, because we cannot create a 10 years
experienced resource the next day,” he said.
“However, there are
6 million IT professionals working in the US and
this may not pose a bigger impact for the US
tech industry. This trend may very well be a
win-win situation for both countries,” he added.
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