In the late 1960s, and right through to the turn of the 21st century, there was one thing as certain as the Cold War between America and Russia. It was a certain flight that a large number of engineering graduates of the prestigious Indian Institute of Technologies (IITs) undertook regularly to the West, mostly to the USA. The IIT-ians were making their move in droves, and there was an inevitability to their movement-----it was unlikely they would move back to India in a hurry, except, of course to make the family trips, and the odd one for a business or two. And so we became familiar with that oft-used term, the Great Indian Brain Drain.
Something has changed in the last five to six years, that certainty is gone. For the first time in over four decades, since the time America opened its doors to sharp Indian minds who could power its cutting edge in technology, there is now a Brain Gain. You can attribute it to an economy that is buoyant, more opportunities to grow financially, and vertically, more manufacturing and escalating foreign direct investments, business process outsourcing, and, of course, to an IT-powered world shrinking faster than the waist size of lovely Pakistani crooner Adnan Sami. This fascinating phenomenon is the subject of our cover story and we trust you'll find it a good read.
We also have a curtain-raiser on the twin island nation of Trinidad and Tobago, a country that sits pretty as a gateway to
the North American, South American and CARICOM markets and that abounds with investment opportunities. The next issue (August 2008) will be dedicated to this country.
We have stories from New Zealand and on Indians doing what they do best— shine and shimmer—from different corners of the earth.
Rakesh K. Simha
Vatsala Kaul, Dinesh Raheja, Indrani Talukdar (all India), Srikanth Beldona, Dharminder Diwan, Arnelle Hartenstein (all US), Rajesh Kumar (New Zealand), Ramesh Mathew (Qatar)
Correspondent: Ummul Saba
Art & Design
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Debashish Dutta (Consultant - Design)
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