India and the perfect

No longer the huge crude processing kiln of the world anymore, India is strongly attracting the main IT talents of the United States, with a "unprecedented" investment capital flow from giants like Microsoft and Intel.

Erik Simonsen holds an MBA from New York University, but the 28-year-old master still decided to fly halfway around the world to India to work. Erik chose Copal Partners, a small technology firm near New Delhi, while rejecting offers from other firms in Silicon Valley and the East Coast. Explaining his decision, Erik said that the US market was saturated and "stagnant", while India was still full of energy and "a space for people to thrash".

" This is an opportunity to taste the dotcom craze in the US in the late 1990s. Companies here (India) are growing rapidly ," Erik said excitedly.

Global experience

Erik is not an isolated case. The number of students, masters of science, business and technology fields like him, graduated from prestigious schools, American people are genuine "golden deer" but backpacks carry shoulder to work in South Asia, more and more. What they are looking for is a new land and international work experience.

" Practicing what is learned is becoming the number one demand for the past 5 years for American students. India has been particularly attractive because the English environment is very good here. This is a bit different from China, Where American students are often hampered by language, for example, George Day, a professor at the Wharton Pennsylvania School of Business, is like a big machine, but India is a leader . "

American universities themselves also recognize this need, and according to their assessments, emerging Asian markets are the most attractive. Last summer, the president of the prestigious Yale University Richard Levin led a team of 12 experts flying to India, establishing a partnership with many universities in the country. In 2005, Yale's trainee numbers to India were 30 and expected to be 50 next year.

The year 2006 will also see the first batch of graduate students at the Massachusetts Institute of Technology - the Indian program, defending their doctoral thesis in science and economics. " MIT sends students here because they recognize the global working environment in India. But more importantly, it is faith ," said Deepti Nijhawan, curator of Indian training programs.

New stage of the giants

Last week, within a few days, two US tech giants, Microsoft and Intel, made statements that shook both sides of the ocean. A much "unprecedented" investment will be poured into the research and development centers of the two firms in India.

Specifically, on December 7, Microsoft chairman Bill Gates said it would pour $ 1.7 billion for Microsoft India within four years. Half of this money will go to the Research and Development Center in Hyderabad, Microsoft's second largest branch worldwide, after the headquarters in Redmond, Washington only. According to Gates, "India has emerged as a new Mecca of high-tech investments."

A few days earlier, Intel chip owner Craig Barret also announced that he would invest $ 1.1 billion in the South Asian nation. In October, network equipment giant Cisco Systems said it would pour more than $ 1 billion for India within three years - the largest non-US investment in its history.

It is worth noting that all of these funds are for research, invention and design work, requiring a team of highly qualified engineers and experts, instead of the "manual" outsourcing work. attached to previous Indian names.

Not only Indian companies based in India attract American engineers here to research and work, American students studying abroad in India are also accumulating professional experience right in their companies. Dia.rTim Hentzel (30 years old), an MBA student of Wharton School of Business, first came to India since 2004 within the 3-week international internship program. Infosys, an IT business and consulting service provider, immediately "attracted" Tim, because it attracted employees and trainees from all over the world. " A truly global environment ," Tim uttered.

Not only that, Tim is also really surprised by the "corporate culture" here, when the trainees are also involved in important projects, are assessed equally with instructors and can meet Exchange with company leaders at any time.

" India is at the top of modern technology". Without hesitation, Tim called this "the best decision in life ".

Future strategy

Navi Radjou, an expert at Forrester Research, said: " If you ask General Electric, they will say up to 60% of its future revenue comes from emerging markets like India and China. If you is to want young people, with the ambition to become big boss in the future, it is best for you to learn about 60% right now ".

However, in order to attract more talents, India needs to improve its relatively outdated and asynchronous infrastructure. " If you want to build a chip factory, you need a stable voltage, you need a road to transport the chip. And if you want to attract talent from more modern countries, you need to meet. need high quality housing and schools for their children ".

Return to the story of Erik Simonsen. He joined Cobol Partners as a trainee, but within a short month of sleep, Erik was promoted to senior vice president in charge of IT, recruitment and administration. Erik is really ecstatic because of this " I have never had such a big responsibility in an American company - Cobol expanded his staff by 300% in just 6 months. If in the US, I hear this story You will be full of doubt, but once you get here, you will understand . "

Thien Y