Returning Indians

Recession and uncertainties in the regions with large concentration of Indian diaspora population and emerging opportunities in India together have created a situation where many Overseas Indians are contemplating returning to India.

The decision to move to India may be an emotional one inspired by the need to return to one’s roots or a rational one, determined by career opportunities. In both circumstances, it is absolutely essential to be completely aware of the facets of the new environment that one is moving to.

Returning Indians are sometimes intimidated by their new surroundings and require credible support for their basic queries such as what they can bring back to India; pension and social security concerns; taxation matters; what bank accounts they can operate and more.

Increasingly, Indians abroad see the move to India, at this point in time, as a way to have the best of both worlds. With rapid growth and development, the basic amenities that they are used to in overseas like access to world-class healthcare, international schools, availability of global brands, high quality housing are now available in India. Work experience in India is valued, as having relevant exposure in a growing and developing country adds weightage to your resume. Adding to this, the proximity you can have with your family, relatives and friends are winning propositions.

In recent years, however, an interesting trend has emerged. The oft-heralded term of “brain-drain”, used to describe talented Indians migrating overseas has seen a balancing force in many overseas Indians opting to return home. India’s growth story, booming opportunities along with focused liberalization measures adopted by the Government have resulted in a large number of foreign corporates setting up operations in India.

To ease the process of returning back to India, the Overseas Indian Facilitation Centre, a focal point for expanding the Indian diaspora’s economic engagement, jointly with Deloitte Touche Tohmatsu India Pvt Ltd, have compiled a publication ‘Returning Indians- All that you need to know’.

Download the Report on ‘Returning Indians – All that you need to know’