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Booming India Sees 'Brain Gain'

Posted Apr 20, 08 5:04 PM CDT in Business,  World 

(Newser) – India's educated are no longer rushing to the West for big bucks and a better lifestyle, the Guardian reports. More university grads are refusing to emigrate and many expats are returning home—a trend experts are dubbing "brain gain." One Indian, formerly in London, said he would "read about what was happening in India and I'd ask myself: What am I doing here? It was an obvious choice to return."

Why the change? India's economy is booming. The well-to-do even have US-style gated communities, and enjoy socializing at golf clubs. "Of course, India is still a place of poverty," said one exec at an Indian firm. "But in the business world there is an extraordinary sense of optimism."

Source Guardian (UK)

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Though the traffic and chaos takes 'a bit of adjustment' for returning Indians, the sheer numbers of re-emigrants in the same situation helps ease the culture shock.   (Flickr)
A Ferrari 612 Scaglietti, right, starts off on the Magic India Discovery Tour in the backdrop of the India Gate memorial in New Delhi, India, Sunday, April 20, 2008.   (AP Photo/Gurinder Osan)
Camels stand in River Yamuna as the Taj Mahal is seen in the background in Agra, India, April 17, 2008. Now that it's economically viable to do so, many emigrants are returning home.   (AP Photo/Pawan Sharma)
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