New Delhi, November, 2007
Twelve years ago, Rajesh Mehta, an IIT Roorkee-trained electrical engineer, left India for the US, ready to ride on the dot-com bubble. After nine years in the land of opportunities, Mehta found himself riding yet another technology boom — this time back at home.
In 2004, Mehta came home to Noida to join Cadence Design Systems India, among the country’s top 20 IT employers, which develops electronic design automation software. What helped Mehta make the shift back to India was the presence of a buoyant IT ‘ecosystem’ — consisting of vendors, suppliers and consumers —which did not exist in India when he had left a decade earlier.
According to a survey conducted by The IndUS Entrepreneurs network of technology professionals based in India and the US, as many as 60,000 Indian IT professionals have moved back to India in the last few years.
