iMahal Interview Series:
What would you say to an IIT student whose sole purpose in coming to America
is to get rich fast? And what do you have to say about the issue of the
brain drain from India?
I'd tell them, sure, come to America.
iMahal: What would you say to an IIT student whose sole purpose in coming to America is to get rich fast? And what do you have to say about the issue of the brain drain from India?
Roy: I'd tell them, sure, come to America.
As far as the brain drain is concerned, there is no such thing. India has enough brains. And at this time India still does not have enough opportunities for the brains it has. Why are so many Indians who are outside of India so successful? Because that is where the opportunities are for talented people. The wealth of the NRI population is huge. When Atal Behari Bajpayee, Prime Minister of India, asked the NRI community for cash to help with the national foreign exchange reserves, it took only 2 weeks for $6 billion to make its way to India. Half of that came from people in the Middle East.
Oddly enough, now many Indian Americans see India as the next big opportunity for business. Some of the American-trained Indian brains are returning to India to make their fortunes there! India may soon have a Renaissance; it's possible. It has been postponed so long because of poor economic conditions and Marxist elements in the government.
iMahal: When advising these students in India, how would you describe the most obvious advantages and the most obvious disadvantages of the culture here?
Roy: The advantages: I would say that here the business environment is much more professional.
The disadvantages: One thing I don't like is the lack of employer loyalty. They always have a smiling face, even when they are giving you your final paycheck and showing you the door. And then there are all the attorneys; it's a curse: they protect us but they also get us.