Many of my generation were used to the fact that a large number of graduates from India’s prestigious Indian Institutes of Technology (IIT) would go abroad, largely to the US.
Like many trends that have revealed a new changed face of India, here’s one concerning the present day IITians. I read an article in Business Today which indicates that an increasing number of IITians are opting for jobs in India. They are not looking at opportunities abroad -as they did in the past-because they see India as the place to be in the future.
As many as 84 % of IIT graduates from 2002 to 2008 gave India as their preferred destination. The US had fallen to 9 % as against 30 % for the graduates of 1964-2001.
Career goals too showed interesting differences. The Company they join, Consulting and Entrepreneurship were the top 3 career choices.
In another survey, 72 % of 677 IIT graduates polled said India was the which held the most promise for success in 10 years time. That’s why we now speak of the reverse brain drain.
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This is Post No: 178 of the “A Step A Day” series : To provide perspective and provoke thought to facilitate self-development across a wide spectrum of issues- big and small- crucial for executive success