We always come across reports of how much talented Indians are and are conquering the world in the field of technology & business. There are several reports suggesting that Indians dominate the technology industry of USA.
But why are most of those Indians not in India but in US/UK? If we go a little more in depth to analyze this issue, we will begin to notice that the top Indian professionals & entrepreneurs today in US had actually left India during 1970s & 80s after obtaining their degrees in India. So, Why did we have such a severe brain drain in 1970s and 80s?
One common answer we get is that India did not have the right opportunities for their specialization. Maybe true for technical PhD holders who need employment from research institutes which might not have been prevalent in India. But what about entrepreneurs? They had a market of 0.7 billion ppl, something that nobody would like to ignore. Instead of going to a foreign land and toiling hard to become entrepreneurs, why did they not remain in India and do the same here? Afterall, India being a developing nation could have provided them a chance to experiment as well as capture marketshare.
It is easy to say that they were greedy, did not care for our country and flee to the US for greener pastures. But the real reason lies in the political & economic system.
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