India third most popular country for sourcing talentJune 24th, 2008 - 5:16 pm ICT by IANS
New Delhi, June 24 (IANS) India is the third most popular country for sourcing foreign talent after China and the US, a survey by global recruiting firm Manpower Inc released Tuesday said. The Borderless Workforce Survey conducted in 27 countries also showed India received the highest remittances ($27 billion) from nationals working abroad.
It is closely followed by China ($25.7 billion), Mexico ($25 billion) and the Philippines ($17 billion).
“The demand for Indian skilled labour is the highest in the US followed by the Gulf. In recent years, there has been a growing demand for engineers in the oil and gas sector and aviation,” said Manpower India managing director Naresh Malhan.
Others in demand are nurses, drivers and construction workers, he said.
The survey also ranked India third in the list of the top 10 countries considered an economic threat to other nations.
Of the 26 countries surveyed other than India, all countries with the exception of Costa Rica and Peru believe that India provides competitive threat to their own country’s ability to compete economically.
So far as Indian employers are concerned, they consider China, the US and the UK as the biggest competitive threats.
According to the survey, Chinese employers - followed by those in India - were the least concerned about migration of talents to foreign countries.
In India, employers in public administration, education, services, finance, insurance, real estate and manufacturing are most concerned about this, while those in wholesale and retail, transport, utilities, mining, oil and gas sectors are the least bothered.
“While it’s true that we need to do more to keep our most talented workers, we must also consider how we can strengthen our collective employer ‘brand’ to attract talented workers from overseas,” said Malhan.
Some of the key findings of the survey:
- Half million Bangladeshis employed overseas in 2011 - Feb 20, 2012
- India tops again in remittances from diaspora (Lead) - Dec 01, 2011
- 'India Inc will step up hiring next quarter' - Dec 08, 2009
- Strong India, China growth reduces world poverty - Apr 03, 2012
- India, UAE sign manpower agreement - Sep 13, 2011
- Indian migration remains high despite economic crisis - Dec 04, 2011
- India, China most popular destination for sourcing talent - Jun 24, 2008
- India tops again, gets $58 bn remittance in 2011 - Dec 01, 2011
- India's job market strongest, says global placement report - Sep 08, 2009
- Indian firms to up hiring in October-December quarter: Survey - Sep 07, 2010
- Africans replacing Indian workers in Gulf? - Dec 25, 2011
- FICCI calls for radical policy reforms in energy sector - May 07, 2012
- Indonesian imports increase by 56.4 percent in September - Nov 02, 2011
- 'India diversifying sources to reduce dependence on Iranian oil' - Feb 29, 2012
- 'Qatar needs to ensure better protection of Indian workers' - Apr 07, 2012
Tags: administration education, construction workers, economic threat, education services, employer brand, finance insurance, foreign countries, gas sector, gas sectors, june 24, managing director, manpower inc, New Delhi, oil and gas, public administration, recruiting firm, remittances, skilled labour, talented workers, workforce survey