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Updated: 24/06/2008 | 05:56 PM IST
India 3rd most popular country for sourcing talent
Press Trust of India
Tuesday, June 24, 2008 (New Delhi)
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India has been ranked as the third most popular destination for sourcing foreign talent and is believed to pose a threat to other nations' competitive ability, global staffing services firm Manpower said.

As many as 11 of the 26 foreign countries surveyed sourced talent from India and the country has been ranked third in the list of top ten countries believed to be an economic threat to other nations, according to the latest Manpower Inc Borderless Workforce Survey released on Tuesday.

"Of the 26 foreign countries surveyed, all nations with the exception of Costa Rica and Peru believe that India provides competitive threat to their own country's ability to compete economically," it added.

India is the third most popular country for sourcing foreign talent after China and United States. While the other seven major countries for sourcing foreign talent across the world, include United Kingdom, Germany, Japan, Spain, France, Canada and Poland.

Notwithstanding the fact that India is the third most popular destination for sourcing foreign talent, but the country receives the highest remittances about $27 billion from nationals working abroad, it is closely followed by China ($25.7 billion), Mexico ($25 billion) and Philippines ($17 billion), Manpower said.

The survey further highlights the fact that about 57 per cent of employers are concerned about the impact on labour market from talent migrating abroad, while only 21 per cent believe government and businesses are doing enough to  slow the outward migration of talent and attract these people back to India.

"In India, as in most other countries, the consensus is that businesses and governments are neither doing enough to slow outward migration, nor to attract these people back to their home countries after they have left for jobs or universities abroad," Manpower India Managing Director Naresh Malhan said.

Brain drain can be restricted in two ways firstly, by curbing talent to go out and secondly, by calling back the migrated talent.

"Domestic talent can be restricted to move out from the country by training them young so as to harness their capacity skills and we can attract the migrated talent back by offering them similar opportunities, which will ensure that they remain productive and able," Malhan said.

Saying that employers, governments and individuals need to strive to understand the supply and demand nature of labour flows across the world, the survey said "governments need to focus on attracting and retaining mobile talent ...and to consider how to relocating might affect their career and how to move successfully."

The top ten jobs that employers are filing with foreign talent across the 27 countries include – labourers, engineers, production operators, technicians, IT staff, sales representatives, administrative assistants, customer service representatives, senior executives and accounting and finance staff.

Manpower Inc gathered responses from 1,924 respondents in India and 28,000 globally in 27 individual countries and territories. The survey was done to determine employer concerns about the outward migration of talent and the extent to which they are utilising foreign talent to fill positions.

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