Monday, June 18, 2007

IT companies to hire in US

Mou Chakraborty
Kolkata, June 18, 2007

Over 25 Indian companies will travel to US to hire NRI IT professionals who want to come back. Clickjobs.com, a part of BharatMatrimony enterprise is organising an ‘Indo-US job fair’ in New Jersey on August 25 and 26. “India has become a favoured destination for MNC’s, financial institutions, and IT companies. Many professionals, settled in US, want to come back,” said Michael M.Bala, business head, ClickJobs.com.
According to Indus Entrepreneurs (TiE), a non-profit professionals’ network established to help Indo-Americans join the mainstream business community in the US, around 60,000 IT professionals have returned from the US in last three years. “It is true that many NRIs based in US are now coming back to India. Most of them are returning in Bengal to join an IT company. The state would have been benefited more, if they had formed their own companies, like the NRI’s in Tamil Nadu and Andhra Pradesh are doing,” said Bikram Dasgupta, Chairman of IT Committee of India American Chamber of Commerce.
Many well-known IT companies have been recruiting large number of NRI’s from the US. “The value of dollar is falling and at the same time with the booming economy the opportunities in India too are growing. This is one of the main reasons why many IT professionals based in US are heading back to India,” said a top executive of Wipro Infotech.
“It is not only the money that matters but the scope of growth in India is higher and that is one reason why many US based software professionals approach us regularly for job opportunities in India, which instigated us to organize this fair,” said M.Bala of ClickJobs.com.
Parikshit Bhaduri, who worked in the US for twenty years but decided to come back to Kolkata and join Connective Systems. “I did not want my son and daughter to grow up in an alien atmosphere. There are huge opportunities in India and there is no point of staying away. Many of my friends are also coming back,” Bhaduri said.
Many IT professionals are coming back with a salary cut. “It is true that the Indian salary will not match my US salary. But at the same time it will be more than what many other Indian professionals will be getting. Though we were paid more in the US, it was less than what an American got,” said A. Dutta, who has returned and joined an IT company based in Kolkata.
Answering why the companies are hiring these professionals, Sanjay Khendry, Vice President of Sierra Atlantic, a mid size software company based in Hydrabad said, “Since they have lived and worked in US they have the exposure and know how to handle US clients. Though we are not matching their US salary, we are paying them reasonably well.”
mou.hindustantimes@yahoo.com

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