'Expat Trainees in Indian software company campuses’

If you visit the campuses of Infosys or Wipro or any of the big top 10 companies, you will notice a number of 'expats' working / mingling with our Indian software engineers. On probing you will find that they are employed by these companies and are in India for orientation / training. People from Harvard Business School, Wharton etc are going through induction in India in our Indian companies.

NASSCOM was full of foreigners

I have been attending NASSCOM for over 8 years now. This time I found that there were more foreign delegates than Indians.

Deccan Plateau overtakes Silicon Valley

Today Bangalore has more engineers than Silicon Valley. A day will come soon when people will refer to Silicon Valley USA as America's equivalent of the Deccan Plateau.

The foreign invasion is across industry sectors
Auto, Garment, Hotels, ITES, Biotech, Pharma, Healthcare. You find 'executives' / 'managers' from overseas working in India both in MNCs as well as in purely Indian companies.

Some Interesting Facts & Figures for You to Contemplate

Look at these facts. Just about 20 years ago, no one thought that mobile phones will be a possibility in India. Not even computers, leave alone lap tops and palm tops. Today we are moving in sync with the rest of the world with technology. In mobile telephony, India is the fastest growing market in the world, not China. Each month, more than 2 million new mobile connections are being sold. By next year, it will climb to 3 million as per current trends.

The nationalized banks were trying to offer loans for two wheelers at high interest rates in the 1980s to encourage the Indians to possess a two-wheeler. Now, both nationalized and multi-nationalized banks are vying with each other to offer low interest rate loans to purchase a car. And the big segment car is all set to boom in India very soon. The Mercedes Benz which was out of reach even to the successful Indians is now becoming a reality to the professionals who are just in their 30s. The auto industry crossed the Million mark for the first time last year. This year again the growth rates are in the 20 to 25 % range

Look at money transactions. The babu banks (public sector banks) are changing to make them trendy. Money can be pulled out from the banks through the ATMs, which are now virtually available on all the streets. By 2009, 200,000 ATMs will be in place. Telephone bills, electricity bills, water bills, are all paid on the net or through mobile banking. No more queues to pay them up.