Why Work With Indian Tech Talent?
Undoubtedly, India has a pool of talented professionals across various industry verticals, and the tech industry is no exception. With an acute shortage of tech talents in the world's major countries, the demand for them is growing exponentially. Hence, tech giants have no option but to hire skilled tech professionals outside their locations.
According to the Korn Ferry report, 85 million jobs will go unfilled due to insufficiently skilled professionals by 2030, roughly the population of Germany.
Well, India has become a powerhouse of tech talent in the past few years. Every year, the country produces 1.5 million engineering graduates. As a result, most software companies opt for Indian tech talents as the country has a surplus of tech professionals and friendly relationships with other countries.
Indian talents are already running renowned tech giants. Sundar Pichai runs Google, Satya Nadella runs Microsoft, Arvind Krishna runs IBM, Shantanu Narayan runs Adobe, Leena Nair runs Channel, and the list is exhaustive.
But why have Indians become the top choice for MNCs? Several factors, from cultural inclination to early adaptability to changes, have attracted multinational companies to hire Indian talent.
Let us discuss in detail why companies work with Indian tech talent.
Why work with Indian tech talent?
Here are some reasons MNCs are working with Indian tech wizards:
1. Vast Pool of Digital Natives
India has a sheer volume of data science experts, cloud computing professionals, AI specialists, and other tech professionals. As mentioned above, the country welcomes over a million new engineers yearly. Hence, it serves as the largest provider of digital natives today and in the coming years.
In a media interview, SAP SE’s executive board member, Thomas Saueressig, says, “We absolutely believe in the great talent in India. We don’t see it as labor arbitrage.”
Furthermore, the vice president at Booking.com, Daniel Marovitz, while announcing the plans to expand its ‘center of excellence’ rapidly in Bangalore, said, “We came to Bangalore for the breadth and depth of talent.”
2. High Adaptability to Changes
Software development company need to introduce changes in their procedures to deliver solutions quickly with the maximum efficiency.
Indians tend to adapt to any new changes easily. Their culture does not say ‘no’ to new ideas. And these are primary reasons why foreign companies prefer Indian talent.
This is completely in contrast to German and Singaporean populations that have a fear of change. The reason is that these countries have experienced economic prosperity without any significant changes. Moreover, every company in Germany, from financial services to manufacturing, is struggling with digital transformations, as the aging population in the country is resistant to change.
3. Hard Workers and Natural Problem Solvers
Hard work and perseverance are the core values every Indian has been taught since childhood. Whether it is getting top rank in schools, getting a good college, or scoring well in competitive exams, Indians have a very tough competition. As a result, they imbibe the qualities of hard work and perseverance from childhood.
Often Indians are considered natural problem solvers. They are capable of creating new and propelling solutions and innovations. As they face tough competition from childhood, they are more likely to become adept problem-solvers.
4. Break the Communication Barrier
No doubt, India is known for its diversity and multi-linguistic culture. Each state has its own language. An average Indian is well-versed in at least three languages – a native language, Hindi, and English at school and work. India is the second country, after the United States, with the most English speakers.
Though English is not the native language of Indians, they have complete command over it and are able to communicate effectively.
5. Quality and Reliability
In addition to tech talents, India is home to over 75% of the world’s CMM-Level 5 companies. Also, it houses the highest number of ISO-9000-certified companies. Hence, working professionals in India have a history of delivering quality work and are reliable and trustworthy.
6. Lower Costs
Indians lead less expensive lives than those in Western nations. According to Numbeo’s comparison, the cost of living in India is 64.4% lower than in the United States. As a result, multinational companies get Indian talents at lower costs without sacrificing the quality of work.
Wrapping Up!
Indian tech talents are attracted by companies not only because of the lower costs but also the skills and quality they possess. Their higher adaptability to changes and new ideas, perseverance, natural problem-solving ability, effective communication in English, trustworthiness, and reliability make them the best fit for multinational tech companies.
With digital transformation in almost every industry vertical, the demand for skilled tech professionals has grown tremendously. This is why most companies are inclined to hire Indian digital natives.
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