3,00,000 NRIs to migrate back to India
In view of the dismal position of the global recession scenario, around 3,00,000 Indian engineering professionals are expected to return home during the five-year period from 2011-15, according to a survey conducted by global workforce solutions provider Kelly Services India.
The likelihood of job satisfaction levels in India outshining their previous overseas jobs within the next 2-3 years, will trigger the reverse migration of professional NRIs.
Going by estimates, the population of international migrants stood at around 214 million in 2010. India is estimated to have received $ 55 billion remittances from overseas last year.