MNC hiring in India

 MNC hiring in India

https://lnkd.in/dfGHhD34

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MY  TAKE  :


Brain Inc 2.0  …….  21 Aug  2017

https://lnkd.in/f69wKvd

Extract :


Now consider this :


·   By employing 5 lakh engineers , India’s “ Tech R&D Firms “ earned $ 22 billion

That works to a billing of $  44,000 per man-year of R&D ( Export of Services )


I presume that the “ Manpower Cost “ constitute approx. 50 % of Billing Rate (
rest being OVERHEADS and  MARGIN )


·    Hence , Indian R&D firms must be paying an average of $ 22,000 per year to
its employees ( approx. Rs 1.2  lakh per month )


·   As against this , both , Indian as well as American firms pay ( on an average ) , $
88,000 per year to H1 B  visa holders

With this kind of “ Cost Advantage “ , is there a possibility to do better than the
projected earnings of $ 40  billion in 2020 ?


[   India's software exports reach US $  320 billion  in FY23  ]
·        The overall services exports share has been 4% in 2022.
·        The surge in services exports is primarily driven by the computer, information
technology (IT), and telecom-related sectors. ]