Indian Immigrant of Blue-Chip Company in the United States Moving to India
Posted: Sunday, January 23, 2011
by Gaurav Virk
Human Rghts Online
Indian immigrant and universities in the United States are attracted by the economic boom in India and the limited number of visas available. They seek opportunities to create companies in India with U.S. models with Indian information technology skills while offering customers around the world.
Dimdim India that builds technology for social networking was recently acquired by global technology SalesForce.com, providing an exit for early investors in less than four years investment. TringMe founder Yusuf Motiwala and DD Ganguly, who co-founded Dimdim are part of a growing tribe of American entrepreneurs who have returned under the first phase of startup ecosystem in India and scores of their wins reward companies. "We are witnessing a major change in the ecosystem of startup. Contractors with experience in the United States are relocating to India to build societies with models that exploit cross-border low-cost Indian information technology skills while offering customers around the world, "said Suvir Sujan , co-founder, Nex U.S. Venture Partners, an investor in early Dimdim.
Most of these immigrant entrepreneurs from India are world class universities and blue chip companies in the United States. On this elite list are graduates of Harvard Business School Naveen Tewari who co-founded Inmoba, a technology company for networks of mobile advertising is now the second largest network in the world after AdMob Google, Ashwin Damera , Travel Guru founder, an online portal acquired by Travelocity hotel distribution worldwide, and Krishna Mahesh, a descendant of the family that launched TVS Sundaram medical devices startup Sundaram Medicals.
In space Lifesciences, a team of MIT trained specialists have relocated to Bangalore in India to set up Mitra Biotech, a company that focuses on targeted research and clinical trials for cancer treatment. "Three years ago, as a start-up would not have happened in India," said Mohit Mathur Neev Corporate Advisors, a consulting firm specialized focus on life sciences and health care industry in India Mitra Biotech helped structure its business plan and operating model to raise capital from investors since the beginning as Accel Partners. Apart from an ecosystem that provides seed capital and inputs for the consultation, these high-tech start-ups are also links with a growing network of research collaborators.
"We are a team with experience in the construction of a research conducted in the United States, but the challenge has been to reduce the cost of innovation and indigenous solutions in a market like India," said Mallikarjun Sundaram Mitra Biotech Private Limited. The company works with Mazumdar Shaw Cancer Hospital in Bangalore and the Stanley Medical Hospital.
The most important factor in the return of skilled technologists in India is booming Indian economy and the huge potential it offers for entrepreneurship. "India is becoming a global R & D. Within five years, a series of companies in Silicon Valley classroom appear, "said Vivek Wadhwa, Research Director, Center for Entrepreneurship and Research Commercialization, Duke University. It follows the interface technology India to the United States closely.
This is not the only technology and life sciences offer this possibility. Sectors such as electronic commerce and financial services are also ripe for new business.
One of four U.S. engineering and technology companies, established 1995 to 2005, had an immigrant founder. Indian immigrants founded more companies than the next four groups of immigrants from Britain, China, Taiwan and Japan.
The decision to return to India by many skilled immigrants is influenced on visas for foreign nationals in the United States. It is estimated that one million skilled immigrants and their families on temporary visas waiting for green cards. The immigrant visa backlog is likely to increase, given the limited number of visas available. People are fed up and back. In the past there was no possibility for immigrants at home in India. Now they have more opportunities in India and China, some say.
Maybe that Indian culture has not matured to accept Indian immigrant blue-chip Company in the United States for the relocation of India; both are struggling to accept his corrupt administration. For example, Sabeer Bhatia, an Indian American entrepreneur co-founder of Hotmail email service provider and manufacturer of network security and SSL VPN-Plus is failing on his project of a new town in India near Chandigarh called Nanocity. The goal is to reproduce Nanocity energy and eco-system of innovation in Silicon Valley. He has partnership with many Silicon Valley Companies to set up branch in US environment in his Nonocity India.
But Sabeer Bhatia find it hard to find and to acquire 2,500 hectares of land with the necessary connectivity and various legal requirements of the Indian administration. Indian immigrant in the United States is perhaps not used to dealing with corrupt practices and politicians in India . Purchasing land in populated India is more complicated process than importing any technology.
Gaurav Virk, the author has a strong motivation to support human-rights and publish research on rights articles worldwide info. He have just completed Master Degree in Computer Applications (MCA) and and is busy in setting COMPANY- EDWARE WEBSOLUTIONS PVT ltd near Nanocity project of Subir Bhatia. He plans to offer best website designs and solutions. He is also in search of good enterpreneur from America, who is interested to setup branch office in India.
This Article has been viewed 975 times. (Not updated in real-time.)
Top-level comments on this article: (4 total)Well, what Indians want to do and how Indians want to support the ones who want to do something for the nation - there is a big gap between the two. I am not sure how we are going to narrow it. It is good that science and technology is advancing but the arts field is not really progressing well and that needs attention too. You have given some nice information. Thank you.DMDrunken Mystic, I agree that the field of arts is important to live in peace. But in this material world , science advancment technology has become necessary for our existence and increase production of food, medicines and houses and job creation for big population of 1.3 billion people .
you have point -an Indian immigrant who is citizen of America are not coming here to help us, they are coming to develop their business with less information technology here and qualified professional available at cheaper rates and limited number of visas available to there families still Indi Citizen.Most their servises are intended Internet based in Borders world, especially in America. They will not lose our jobs, generate more rather jobs.My assesment is an professional generate 10 to 20 jobs as supporting jobs.Presently in America in recession, professional persons in specified jobs are still in short.
I know an American who is expert MRI and consultatnt emergency hospitals for many hours of late night in America. In the U.S. hospital procedures, all cases of accidents needs consultant MRI. He has now moved to India and working during the day in India (end of the night of America). He has 10 people supporting staffin India at half the rate it paid in America. So his half cost for businesses and all continue to earn income to higher rates of America overnight.
There are many non-resident Indians working in America, then they move business in India, they become great asset for nation to have the latest technology in various fields and the best university in America.
I intend to set up my comany in India for web development to many countries including America, becasuse resources here are cheap and money and businesses over the Internet has become borderless.
I do not know, to which extend your doubts stands clarified.I agree what you mean Gaurav. But why are we ignoring the handloom? At least these NRIs can do something to support these handloom textiles and they are one of the most natural and best handwoven fabrics we can ever get. The Kanchipuram textiles and other similar crafts are not benefiting because of the advanced machinery that have been set up in the cities. There needs to be a balance. It is extremely good that IT is advancing amazingly in India, but there needs to be a balance.
We are ignoring our art and culture, and even our local theatre is suffering for funds. I am just addressing certain concerns. For e.g. I cannot live with dignity just by saying I am a theatre artist. People ask me "What do you do for a living?" Well, if I want to perform for you and say the ticket costs fifty bucks you don't want to pay and watch, but you will spend 1,500 for one movie at the PVR. Do you see the irony?
There are issues no matter how technology improves. We need to develop different sections of the society with the help of IT. That can be done too. The same people can come forward to try to split the funds for different streams of profession. Thank you.I Have liitle study on art and culture, so have no comments. So for handwoven fabrics, Textile is concered, I Agree With you.Perhapes you are not aware Northern India, Ludhiana particuly Emerging for best handwoven textiles and readymade clothes and fabrics.
Düring 2008 recession, Many sick mills for weaving HAVING latest techonologt were purchased by many indurtlist from Ludhiana in India from Germany and America and Have become hub to factory to Leading brands worldwide. India Is Now exporting and not importing any best of textile and clothesAre they still preserving the ancient technique and not compromising with technology? My friends even performed a play three years back in Chennai which addressed the problems of weaver community. It may happen in Ludhiana, but India is big. :-)I have no knowledge of Kanchipuram textiles and other similar crafts Chennai etc
You are really broadening my understanding of what's happening in India, Gaurav; I appreciate that.It's so easy to believe that capitalism is about empowerment, and to some degree it is. But in other ways it's about exploitation, which gets masked by the so-called "better standard of living" that can be reached through that exploitation.When is the human race going to be conscious enough to know the difference, and not be seduced by what is really fool's gold? I guess that's our journey on this planet, no matter what country we come from...Jennifer Stewart, Thank you for your comments.
I think that capitalism is a takeover of a few individuals and companies that continue to exploit the common people in most countries, exploittion styles are different. Common people are the same, it is looking good food, health, home and the basic needs of pleasure, life partner, work of his interest and live in peace.
2% of the capitalist world (all capitalists are not bad) hold considerable wealth in the form of black money, do not pay tax anywhere and continues to cause suffering for the poor in the world.
Communism has its drawbacks, still he intends to share the wealth of a country with its people on EQUEL terms. India does not follow standard China Communism. But all companies dealing with services and essential products such as national banking, insurance, food, natural resources, ports, railways continue to be held with government companies and capitalist allowing only 49% of the shares.
This is true Gaurav because people can go to India and get cheaper labor because Indian's have a lower cost of living, and can therefore work for less money, and then they can sell their products in America for greatly exaggerated cost and capitalize even more at the expense of the American citizen. The capitalists have driven the cost of living up in America not because they had to but because they could, and now move our jobs overseas after destroying our economy. Eventually even the ignorant imbeciles that support this active destruction of our economy will tire of being taken advantage of and rebel against this insanity, and things will change dramatically. Nice article.David Levitt , your observation is correct that pushed the cost of living in America as everywhere. Large companies spend more on advertisemrnt and charge more margin of profit on its branded products and increase the cost of products to consumers.
Very intersting and informative, Gaurav. I've never been to India, I've corresponded with a few from there in past years. I'm glad to see it's great progress.
We want your comments! If you can read this, you don't have javascript enabled, so you can't use this comment system. Please enable javascript.