The recent headlines focused on migration into the U.S. from its
southern borders might lead one to believe that Central America and Mexico top
the world in outbound migration.
A recent International Migration Report by the UN notes that more than 16.6
million people from India currently are living overseas, a number that has more
than doubled since 2000. In contrast, Mexico accounted for 13 million migrants,
the second highest number.
With an estimated 258 million people worldwide living outside
their country of birth, India diaspora represent 15 percent of the world’s
migrant population. So where is the influx of Indian-born residents now living?
Primarily in the Gulf region, where nearly 9 million Indians now
at least temporarily call home, according to the researchers. “Since the 1970s, the oil-rich Gulf countries have been a major
destination for a vast number of temporary labour migrants from South Asia,” and
most notably from India and Pakistan, notes the IOM 2018 World Migration Report. The U.S. is the
next most popular destination for India’s expats, with 2.3 million Indian
migrants, the IOM notes.
Related: In Recent Decision, India Will No Longer Tax Nonresidents
What’s driving the interest among India’s native-born to live
abroad? One factor is a better outlook for jobs, particularly for the educated
workforce of doctors, engineers and scientists. India’s world-leading
information technology providers have no shortage of demand for globally-dispersed
IT talent to staff operations across Europe and the US. And doctors and
scientists can tap into global demand for their skills, rather than compete for
jobs in a tighter market among India’s rapidly growing population.
In addition, Indian culture has long valued the dream of gaining
an education and work experience abroad. The Indian Students Mobility Report noted a 17.8 percent increase in the
number of students going overseas for higher education. Many of those continue
to pursue their careers in the countries in which they studied.
In the US alone, those students-turned-professionals comprise a
sizeable portion of new business ventures, according to a recent study:
15 percent of firms
in the Silicon Valley were founded by Indian immigrants.
Among U.S. entrepreneurs, that's the largest cohort. “Most of those were either graduate students or H-1Bs
who migrated to other opportunities,” the authors note.
Related: Disruption and Opportunity in the World of Global Nomads
The pool of globally dispersed Indian
workers represents a treasure trove of talent for companies seeking to staff
remote positions. Mobility professionals looking to fill needs in information
technology, engineering, finance, and healthcare positions in particular will
find a strong pool of candidates among India’s mobile workforce. To maximize
your recruitment success with this market segment, hiring managers can take a
page from the lessons learned among Indian recruiters, including:
Want to learn more about mobility's impact? Join us for India Global Mobility Summit 2018, complete with a full day of programming that will focus on global mobility, HR, expatriate
support, immigration, international taxation and compliance, equipping
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