BANGALORE, India - Bob Kondamoori never dreamed of returning to his homeland.
'No chance in hell,' said the longtime Silicon Valley entrepreneur and venture capitalist.
But that was before the global economy began to shift, turning India into a destination for the tech elite.
Kondamoori, 44, is part of a new wave of highly skilled Indo-Americans leaving the land of opportunity for a land of more opportunity. One that comes with maids and chauffeurs.
India, which for decades watched its best young engineers and educated workers seek their fortunes in the United States, has begun to benefit from a reverse brain drain. It's now luring technologists and managers back home to participate in the tech revolution and help elevate India on the innovation ladder. The flow of returnees has been a boon to Bangalore -- and other Indian cities -- which have a dearth of professionals to lead a talented but inexperienced tech workforce as the world economic order is re- arranged.
For the returnees, going home often means a chance to make a bigger professional impact or dive into an exciting, challenging new venture. They also get to be near family once again, and enjoy a lifestyle in a country where their incomes go a lot further. For those going from Silicon Valley to Bangalore -- a city of 6.5 million in southern India -- it even means returning to an area with temperate Bay Area-like weather.
Mutlimedia:
http://www.mercurynewsphoto.com/new_india/main.html
Banglore Boom:
http://www.mercurynews.com/mld/mercurynews/13325307.htm
Lush Life for Returnees:
http://www.mercurynews.com/mld/mercurynews/business/13330798.htm
good article !
Reflects reality to a large extent !
another article from the Indian Express website regarding America below :
http://www.expressindia.com/fullstory.php?newsid=56548
Rgds.
Rajan.
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