CHINA-INDIAN : ATTRACTING INDIAN HI-TECH TALENT

An interesting article in the state-run Global Times on February 24, 2017, suggested that "China has perhaps not been working hard enough to attract science and technology talent from India to work in the country". Mentioning that of late some high-tech firms are turning their attention from China to India due to the latter's relatively low labor costs, it recommended that "attracting high-tech talent from India could be one of China's options for maintaining its innovation ability". It referred to a caijing.com report which said the US-based software firm CA Technologies has disbanded its almost 300-person research and development team in China while setting up a team in India with some 2,000 scientific and technical professionals over the past few years, adding that China cannot afford to risk a decline in its attractiveness for high-tech investors. It said that while China had had taken a lot of measures "The talent pool in China is not large and flexible enough to meet demand for the rapid expansion of innovation capability". Stating that "China should also strive to attract more foreign talent into the country", it noted that a total of 1,576 foreigners were granted Chinese permanent residence in 2016, an increase of 163 percent from the previous year. "However, China has made the mistake of ignoring Indian talent, and instead has attached a greater importance to talent coming from the US and Europe". It pointed to some reports which "claim that the cost of employing an Indian engineer is just half the cost of hiring a Chinese worker, which means Indians could see their revenue more than double if they came to work in China. Some enterprises in Southwest China's Guizhou Province provide convenience for Indian talent in terms of housing, insurance and transportation and could enjoy a much better standard of living in Guizhou cities than in Bangalore".







Subscribe to Newswire | Site Map | Email Us
Centre for China Analysis and Strategy, A-50, Second Floor, Vasant Vihar, New Delhi-110057
Tel: 011 41017353
Email: office@ccasindia.org