The role of Indian Diaspora in the development of the Indian IT industry

In: Diaspora Studies
Amba PandeCentre for Indo-Pacific Studies, School of International Studies, JNU, New Delhi, India

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Diasporas have emerged as one of the agents of development in today’s world. India’s experience with the IT industry can be cited as one of the best instances of Diasporainduced development. The Indian Diaspora has shared a symbiotic relationship with the Indian IT industry, where both have reinforced each other’s quantitative and qualitative growth over the decades. On the one hand, the Indian Diaspora brought a multi-layered gain to the IT industry in terms of enhanced skills; capital formation (human, social and financial); inward remittances; foreign direct investment flows; creation of networks/markets and a boost for India’s image. On the other hand, the Indian IT industry created a strong incentive for the mobility of highly skilled professionals and provided the Diaspora with the much needed opportunity to engage with their motherland.

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