Forget US, IITians prefer to stay home
They
may be some of the most sought after techies in the US, but the Big Apple does
not seem to hold its charm for IITians anymore. A study reveals the number of
IITians opting to move to the US after graduation is steadily coming down. In
the last five years, nearly 84% preferred to stay back and pursue a career in
India.
The trend began from the
class of 2002. Of the IITians who graduated in 2002 and later (including the
class of 2008), only 16% went abroad. In comparison, between 1964 and 2001, 35%
IIT graduates preferred to fly to the US.
Interestingly, 59% of IIT
graduates before 2001 believed that the US and other developed countries
provided better opportunities. However, in the last five years the mindset has
undergone a change. Now, nearly 49% believe India is where the action lies.