India, China most popular destination for sourcing talent

June 24th, 2008 - 9:32 pm ICT by ANI  

New Delhi, June 24 (ANI): Global staffing services firm Manpower has said that India has been ranked as the third most popular destination for sourcing foreign talent and is believed to pose a threat to other nations’ competitive ability.

India is the third most popular country for sourcing foreign talent after china and the United States. While the other seven major countries for sourcing foreign talent across the world, include United Kingdom, Germany, Japan, Spain, France, Canada and Poland.

As many as 11 of the 26 foreign countries surveyed sourced talent from India and the country has been ranked third in the list of top 10 countries believed to be an economic threat to other nations, according to the latest Manpower Inc borderless workforce survey released on Tuesday.

Of the 26 foreign countries surveyed, all nations with the exception of Costa Rica and Peru believe that India provides competitive threat to their own country’s ability to compete economically, it added.

Notwithstanding the fact that India is the third most popular destination for sourcing foreign talent, but the country receives the highest remittances about 27 billion dollars from nationals working abroad, it is closely followed by China 25.7 billion dollars, Mexico 25 billion dollars and Philippines 17 billion dollars, Manpower said. (ANI)

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