Indian techies snubbing US jobs to stay home

Graduates from India's tech institutes say their home country is fast catching up with the United States for the range and quality of career prospects.

Indian tech graduates are increasingly turning their back on western countries in favor of finding work at home.

Graduates from the Indian Institutes of Technology so called 'IITians' told Evalueserve that India was fast catching up with the US for the range and quality of career prospects.

Between 1964 and 2001 the number of IITians staying in India was 65 per cent but this jumped to 84 per cent between 2002 and 2008.

The survey of 667 IITians found this was being fuelled by shifting attitudes, between 1964 and 2001 60 per cent believed developed countries offered the best employment prospects but this fell to 51 per cent between 2002 and 2008, with 49 per cent believing India now offered better opportunities.

Most tellingly, 72 per cent of IITians predicted that in 10 years India would be the country holding the most promise of success, with only 17 per cent choosing the United States and five per cent Europe.