Sunday, December 11, 2011

Reverse Migration Of Workforce To India Is Anticipated

There was a time when brain drain from India was happening at a great pace. This was because the employment opportunities and living conditions of other nations, especially developed nations, was incentive enough to migrate to such countries.

With the economic growth of India and better working conditions available at India, workforce is considering returning back to India. Further, areas like business process outsourcing (BPO), legal process outsourcing (LPO) and knowledge process outsourcing (LPO), etc are already dominated by India.

Legal process outsourcing in India (LPO in India) and knowledge process outsourcing in India (KPO in India) are now attracting not only foreign employers but also foreign employees. Even Indians working abroad are considering returning back to India. LPO and KPO in India have matured into big commercial industry in India and LPO and KPO companies and firms in India are world renowned.

According to various reports Indian workforce working abroad would return back within few years. Industries like cement, automobiles, oil and gas, alternate energy and construction are the main industries attracting reverse migrants.

Qualitative education was also one of the reasons why many professional migrated abroad. Establishment of virtual campuses in India would ease up this educational migration. For instance, Perry4Law Techno Legal Base (PTLB) is managing the exclusive techno legal e-learning portal of India and world wide. It provides many qualitative and highly specialised courses that would remain a dream through traditional Indian educational institutions.

This is a good trend for India. However, India needs to take care of many issues. Skills development in India is one such area. Technical education and skills development in India requires special attention. Higher research and education also needs to be strengthened in India. PhDs in India are dying and corruption is undermining the higher education in India. Even the higher legal education in India needs urgent reforms.

Similarly, Indian LPO and KPO industry must be innovative and competitive to deal with various competing destinations. This is more so regarding the knowledge process outsourcing services in India. For example, the e-discovery outsourcing, LPO and KPO services in India are still in infancy stage despite tremendous potential for the same. LPO and KPO in India need to adapt to technology so that techno legal assignments can be managed.

India must gear up to encash this reverse migration trend. Various techno legal initiatives and policy decisions must be made in this regard so that this migration can be as smooth as possible.