4 ms·
That will never happen
by limeman 7y ago
That will never happen
- olcor 7y agoAlready started happening. I’m already a data point, and I know a few more. The generation going to grad school now is no longer thinking of settling in the states as their primary option; it is too cumbersome for most. Salaries for top talent in Bengaluru are better than almost everywhere on earth except the US. While that may or may not last, the immigration process is still very painful and there are many more opportunities here than before.
- limeman 7y agoThere are lot of other options like canada. Can you compare the salary/revenue to the people who make better in Bangalore than in Toronto?
- olcor 7y agoWell a direct currency conversion might not work, but in purchasing parity terms Canada seems to be less well off. Consider the conversation here: https://news.ycombinator.com/item?id=21107264 https://news.ycombinator.com/item?id=21107264 200k CAD is roughly comparable to 3 million INR in PPP terms, and that salary is for senior folks. Most senior engineers at Google Bangalore/Hyderabad or well established software companies are likely to make more than that. Both might be considered to be salaries for remote offices of American companies or internationally funded startups. But if I look at the market in general, I’d rather be a software engineer in India than in Canada. The market is too big and the possibilities are too varied to ignore, even considering all the known problems (Canada might also have some of its own, I’m sure).
- limeman 7y agoI feel like you're convincing yourself, try the reality once please.
- ganeshkrishnan 7y agoI absolutely love Canada. The IT is growing and the people are exceedingly polite and nice. The weather is brutal though even compared to NY.
- sbmthakur 7y agoI know the parent talked about salary but that's not the only important factor. The reason for coming back to India could be spending time with old parents(who usually don't like moving to other countries at old age), kids' future, and weather.
- olcor 7y agoI completely agree that those are important factors too (sometimes much more so than salaries), but good salaries, type of work and first-world benefits are usually the reasons why people emigrate in the first place (often leaving family and good weather behind), which is why I talked about those. The more India closes the gap on these, the less incentive there is for people to move.
- limeman 7y agoYou can consider me for this example
- ensiferum 7y agoIndia is still a nasty 3rd world country with huge problems in simple things such as environment and traffic.
- trianglem 7y agoYes, India has problems but if I have money, I'd much rather live in India. Life is easier and more fulfilling.
- sbmthakur 7y agoCould you please define 3rd world in this context? That term is a relic from the Cold-war era.
- ensiferum 7y agoA Third World country is a developing nation characterized by poverty and a low standard of living for much of its population. https://www.investopedia.com/terms/t/third-world.asp https://www.investopedia.com/terms/t/third-world.asp
- limeman 7y agoI wouldnt say my homeland nasty. I love it but the opportunity, quality of life is lower comparing to Other countries.
- dang 7y agoNationalistic slurs will get you banned here. No more of this please. We've had to ask you before. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- ensiferum 7y agoSo stating a fact is "nationalistic slur" ?
- NotSammyHagar 7y agoThat's very exciting and a great and maybe leading indicator for India. I really hope the wealth and expertise that flows from that can help India's economy grow fast like in China.
- dang 7y agoMaybe not, but please don't post unsubstantive comments here. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html