Growing influence and expertise of Diaspora can and should help India retain its’ edge and move up the value chain in outsourcing as other countries wrestle with one another trying to catch up with it in other parameters.
Many highly placed senior executives of Indian origin in big corporations have influenced outsourcing decisions in India's favor. The crucial role performed by the Indian expatriates was to convince the large global corporations that India was a good bet to get the work done and provide required mentoring and troubleshooting ensuring that the work had indeed been done
Many Indian engineers in the US and the UK have become entrepreneurs, venture capitalists, or senior executives in large and medium-size companies. Many of these professionals have started their own companies in India while others convinced their companies to hire Indian IT professionals. This provided more visibility to the Indian talent pool and resulted in the strengthening of the Diaspora.
Indian offshore vendors and various captive centers of global corporations are already moving up the value chain and performing more complex and value-added activities for their clients. Apart from providing the required capital through investments, the Indian Diaspora is expected to play an increasingly crucial role in the gradual emergence of India's high-end knowledge services sector.
Profound restructuring of global value chains now opens new windows of opportunities for India, particularly regarding outsourcing of corporate research and development. The India Diaspora will again play a critical role in this incipient process.
Many highly placed senior executives of Indian origin in big corporations have influenced outsourcing decisions in India's favor. The crucial role performed by the Indian expatriates was to convince the large global corporations that India was a good bet to get the work done and provide required mentoring and troubleshooting ensuring that the work had indeed been done
Many Indian engineers in the US and the UK have become entrepreneurs, venture capitalists, or senior executives in large and medium-size companies. Many of these professionals have started their own companies in India while others convinced their companies to hire Indian IT professionals. This provided more visibility to the Indian talent pool and resulted in the strengthening of the Diaspora.
Indian offshore vendors and various captive centers of global corporations are already moving up the value chain and performing more complex and value-added activities for their clients. Apart from providing the required capital through investments, the Indian Diaspora is expected to play an increasingly crucial role in the gradual emergence of India's high-end knowledge services sector.
Profound restructuring of global value chains now opens new windows of opportunities for India, particularly regarding outsourcing of corporate research and development. The India Diaspora will again play a critical role in this incipient process.
