Bangalore, Apr 16 (): Home to many Indian and US- based software giants like Infosys, Wipro, Cognizant, Microsoft, Hewlett Packard etc, Bangalore the ‘Silicon Valley of India,’ favours NRI executives with international exposure to people with 3+years’ of service experience, a study reveals.
MyHiringClub, a global recruitment service provider has done a study that shows NRI executives as top favourites for companies located in India’s Silicon Valley.
Rajesh Kumar, CEO of MyHiringClub said though the overall hiring activity was not good towards the end of the last financial year, NRI hiring has gone up in terms of volume. IT, pharma and healthcare companies exhibit a greater preference for candidates with international exposure.
NRI hiring for pharma and healthcare sector was witnessed at 21%, IT & ITES sector at 23%, infrastructure at 11% while FMCG sector showed about 18%, the study findings show.
Third-party recruiters say that atleast 7 out of 10 NRIs looking to shift to India, are looking out for job opportunities in Bangalore.
BS Murthy, CEO, executive search firm Leadership Capital is of the opinion that most of the NRIs prefer working in Bangalore if they do not have familial pressures like old parents, owning a home elsewhere, spouse in a different location, children’s schooling etc.
Ajay Dutt, business head, Aim Plus Staffing comments that the job opportunities are the highest in Bangalore and 60% of NRIs being tech experts, who are looking to return to their home country prefer working in Bangalore as it gives them a greater competitive edge over others.
Jan-Mar 2012 NRI recruitment stats according to the study:
Delhi/NCR was 27%
Mumbai 26% and
16 % each in Kolkata and Chennai.
Kris Lakshmikanth, CEO, HeadHunters pointed out that Bangalore becomes the top-most preference for candidates from Kolkata, Bhuvaneshwar, Lucknow etc for its moderate weather conditions, safe living and working conditions and its cosmopolitan nature.
It may be appropriate to recall the other credits to Bangalore here as below:
Considered as one of “The Next Decade’s Fastest-Growing Cities” by the Forbes magazine
Second fastest growing major metropolis in India
Country’s fourth largest fast moving consumer goods (FMCG) market
Third largest hub for high net worth individuals (Source: Wikipedia)