India Faces Challenges Retaining Talent Amid Growing Diaspora Success
· India · Hindustan Times, The Economist
India's diaspora, currently the world's largest at 37 million, has achieved significant economic and professional success, particularly in the United States. Recent data shows that 36% of the top 1,000 scorers from the 2010 Indian Institutes of Technology entrance exam were living abroad eight years later, with that figure rising to 62% among the top 100. While the government and political parties like the BJP have actively courted these non-resident Indians to boost national interests and funding, their departure highlights a persistent domestic inability to retain top-tier talent. Furthermore, Indian businesses currently struggle to compete globally, holding only eight spots among the world's 500 largest firms by market capitalisation. The article suggests that India must focus on making the domestic environment more attractive to prevent further brain drain.
Why it matters
The persistent migration of high-skilled professionals and the limited global presence of Indian firms underscore a critical structural challenge for India's long-term economic growth and industrial competitiveness.
Read the original report — Hindustan Times
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