Click to play videoBangalore: Sri Raam, a software professional is a happy man these days. He came back to his hometown two years back after eight years of a successful career in the US.
Raam has set up his own software company, Citagus in India and has brought his family back with him for good. And Raam says his reasons for the move are clear.
"The only city that I wanted to come back to was Bangalore mainly because of the weather and also because this is India's silicon valley,” Sri Raam says.
It's boom time for techies like Raam and other young NRI's who are reaping benefits as they return to their roots.
If it was the dotcom defeat six years back which led to the first trickle to India, now it's the IT revival which is bringing them back.
Companies like Infosys and Wipro have stepped up recruitment, which is drawing young NRI professionals, back home. In Bangalore alone, close to 35,000 ex-NRIs have come home to roost over the past five years.
“A large number of people who had earlier gone to the US, taken citizenship are now coming back to work with us and I think they do so because they find the entire economic environment very challenging, the compensation levels are good, standard of life is quite good here,” says President, CII, R Seshasayee.
It may be premature to say that the brain drain is witnessing a reverse trend but one thing for certain, the Pravasi is increasingly becoming desi.
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