For a strange reason - I get an eerie feeling that I know the people in the story. Not in a metaphorical sense - I think have met them in person. Their names correspond with numbers that I have recorded in my phone book.
I'm going to follow this up... shiv On Saturday 24 Nov 2007 9:58 pm, Udhay Shankar N wrote: > An interesting (and well-written) example of > something we've all seen a great deal of in the > past few years - the story of one family's > decision to move back to India. I seem to have > seen Shoba Narayan on a blog somewhere - would somebody invite her to silk? > > Udhay > > http://knowledge.wharton.upenn.edu/india/papers/Return_to_India.pdf > > A Note to Readers: > > For decades, it was widely assumed that the > brightest Indians would go overseas to study and > eventually settle there. India offered few > opportunities except for those who had money or > political connections. For many ambitious, > middle-class Indians who had neither, going to an > American or British school meant not just getting > a better education as an engineer or a doctor; > it was also, usually, a passport to prosperity. > So pervasive was the phenomenon that people > called it the brain drain. > > Today, though the evidence is slender, signs show > that the tide may be turning. The buzz phrase > du jour is the reverse brain drain. As economic > growth picks up in Asia with the arrival of > China and India on the global business scene, > Indian students are not leaving the country as > eagerly as they did in the past. If they do, they > go back home faster because of the attractive > professional opportunities there. > > The fact that global companies are setting up > operations in India makes it easier for non- > resident Indians to return home, often without > even leaving the companies that employ > them. Bruce Chizen, CEO of San Jose-based Adobe > Systems, noted during an interview with > [EMAIL PROTECTED] that the companys Indian > operations were set up by an expat Indian > engineer who was eager to return there. Pawan > Goenka, CEO of Mumbai-based Mahindra and > Mahindras Auto division, is another example of a > non-resident Indian who returned to India > after working for General Motors in the U.S. Raju > Narisetti, a veteran journalist, was once the > managing editor of The Wall Street Journals > European edition in Brussels; he is now the editor- > in-chief of Mint, a new business daily in New > Delhi. The examples go on and on . > > Because this trend is so new, studying its impact > is difficult. Vivek Wadhwa, who has > been researching immigrant issues with colleagues > from Duke Universitys Pratt School of > Engineering, says large numbers of skilled Indian > immigrants are heading back because of > the six to 10 years it takes for their green > cards or permanent resident status to arrive. > This is a double loss for the U.S. One is that > we lose good people. The second loss is that they > will become our competitors, he told > [EMAIL PROTECTED] The Indus Entrepreneurs (TIE), > a network of Indian entrepreneurs, estimates that > 60,000 IT professionals from the U.S. have > returned to India. > > India [EMAIL PROTECTED] decided to take a > different approach toward exploring this > phenomenon. Rather than a statistical overview, > we chose to take an in-depth look at the > experience of one family and view it as a microcosm of a larger trend. > > Writer Shoba Narayan was born in India and came > to the U.S. as a student. She settled down > in the U.S., became a citizen, wrote for > publications such as Time, Newsweek, Gourmet, The > New York Times and The Wall Street Journal, and > authored a book, while her husband Ram had > a successful career on Wall Street. After 20 > years in the U.S., the family moved back to India in > 2005. This is their story. > > As you read it, remember that it is being retold tens of thousands of > times. > > <snip, 23 pages more at the URL above>
