Dubai India is in the cusp of a reverse brain drain as the country's great minds are flocking back to the resilient economy that has withstood the global meltdown, an Indian minister said Sunday.
"Reverse brain drain has already begun and it is a great sign of the world's confidence in India and its recognition of India's potential," Salman Khurshid, Minister of State (Independent charge) for Corporate and Minority Affairs told the members of the Indian Business & Professional Council in Dubai during a special address at the Crowne Plaza Hotel, Dubai.
"Those who know that you cannot permanently leave India have sensibly kept your links with the country by educating your children in systems that are compatible to those of India so that they can go back to India either for higher studies or for work. Many second-generation Indians are coming back to the country. Top multinationals are sending their top Indian minds to head their companies in India. So when we lose some, we win many back," said Khurshid who is on a four-day official visit to Dubai.
On Saturday, the minister addressed members of the Institute of Chartered Accountants of India in Dubai. Paying glowing tribute to the contributions of the diaspora, the minister said Indian professionals have worked behind the curtains in all sectors catapulting the Indian brand to the zenith of global popularity, be it Indian food, music, cinema, clothes or software and other products. "It is in recognition of what they have done and to encourage them to what they can do more is the main purpose of my visit to Dubai," he said.
Khurshid was quick to remind the community that there is no scope for complacency and he drew from the Dubai example to elucidate his point.
"When I came to Dubai a decade ago and saw the kind of development here, I thought there is no scope for further improvement. But I discovered that there is always something that we can do better and there is flight you can take still higher. That is the message that I get from Dubai," said the minister.
Addressing the gathering, Sanjay Verma, Consul General of India, urged the expatriate community to work even harder and back the achievements with new investments.
