Sunday, December 21, 2008

Banking meltdown: India an opportunity for expats and NRIs


There is a large Non-Resident Indian (NRI) population working in the financial sector abroad. This very well regarded and skilled talent pool has tremendous experience with blue-blooded investment banks and institutions across the globe who are now finding India to be a very attractive destination both from a professional and personal standpoint.

Professionally, roles in India pose unique challenges because of the country’s aggressive growth rate. Additionally , compensation has scaled to new heights and India now offers NRIs cost of living packages that allow them to live comparable lifestyles to what they have enjoyed overseas. Personally, India offers NRIs the chance to be closer to their ageing parents and family. Those with children also see it as an opportunity to expose them to the Indian culture, “value systems” and understand their roots.
To read more, please, visit - The Economic Times

Related Stories:

1) Is this the right time for NRIs to book a flat at Amanora Park Town?

2) The project which gives you value for your money

3) Magic Hills, NRI township in Navi Mumbai, to begin construction in October '08 and to complete Phase 1 in December '09 - says Sternon and Garnet

4) NRIs take advantage of the current situation of high exchange rates and interest rates - Venugopalan

5) Investment opportunities for Non Resident Indian (NRI) in India

6) How are foreign exchange rates determined?

1 comment:

  1. Soon, we can get a "phoren" education at Lavasa, the new hill station near Pune in Maharashtra. The promoters don't seem to be affected by the apparent slowdown in the economy and the construction is progressing at a brisk pace. Believe there are so many foreign universities being set up - Oxford for executive education facilities, GDST, UK, for a residential IB school. I am looking forward to applying to the Swiss hospitality school supported by Ecole hoteliere de Lausanne in 2010. Hear that Lavasa will be a great education hub; with Symbiosis, Christ University and NSHM and others there could be as many as 10,000 students there by 2010.