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class=\"elementor-section elementor-top-section elementor-element elementor-element-69a2bafe elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"69a2bafe\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5ed2951a\" data-id=\"5ed2951a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-151e70b elementor-widget elementor-widget-heading\" data-id=\"151e70b\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Manufacturing push is drawing expat CXOs home<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78d22b3 elementor-widget elementor-widget-image\" data-id=\"78d22b3\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"650\" height=\"487\" src=\"https:\/\/ananantsys.com\/wp-content\/uploads\/2024\/08\/tech-electronics-manufacturing_thumb-image_ettech-2.webp\" class=\"attachment-large size-large wp-image-1115\" alt=\"\" srcset=\"https:\/\/ananantsys.com\/wp-content\/uploads\/2024\/08\/tech-electronics-manufacturing_thumb-image_ettech-2.webp 650w, https:\/\/ananantsys.com\/wp-content\/uploads\/2024\/08\/tech-electronics-manufacturing_thumb-image_ettech-2-300x225.webp 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa6ae27 elementor-widget elementor-widget-text-editor\" data-id=\"fa6ae27\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Recruiters have seen a big spike in enquiries from Indian expats, including those at the CXO level, looking to relocate to India primarily from the US, UK and Canada over the last year, recruitment agency Randstad India told ET. However, Randstand did not quantify the size of the surge of Indian expat applicants.<\/p>\n<p>The manufacturing industry is expected to double in size over the next five years from employing around 2.5 to 3 million people to around 5 million by around 2030, Yeshab Giri, Chief Commercial Officer, Operational Talent Solutions at Randstad India, told ET.<\/p>\n<p>Government emphasis with big ticket incentives in addition to benefiting from the China plus one strategy has seen the electronics manufacturing sector in particular opening up more opportunities for these expats. The government boosters are seen aiding local manufacturing to get stronger<\/p>\n<p class=\"p1\">&#8220;People want to come back to India because there are more job opportunities for them here and the cost of living and income is better,&#8221; Giri said. &#8220;There&#8217;s also a tremendous focus on innovation and digital transformation which is why we see close to about 40,000 or so expatriate talent that&#8217;s there in the market looking at options with Indian employers.&#8221;<\/p>\n<p class=\"p1\">There was a time when Indians would move lock, stock and barrel to the United States primarily for greener pastures and to live the American dream. While this continues to happen, there&#8217;s also a big shift that is taking place. Today, with the big boom in electronics manufacturing and semiconductor work happening in the country, many executives are looking to move back to India for more than just the convenience and job opportunity.<\/p>\n<p>One of them is Hareesh Chandrasekar, who left his job at Ohio State University to be a co-founder at the Gallium Nitride startup, Agnit Semiconductors.<\/p>\n<p>&#8220;I moved back to India in 2020 with the intent of building something of my own,&#8221; he said. &#8220;I didn&#8217;t want to be a small fish in a big company, but was rather looking to build something meaningful and impactful from the ground up. I see a lot of others too mulling the move back to India too. In fact, we just hired two people who are coming back to India from Japan and the US to join our team.&#8221;<br \/><br \/><\/p>\n<p>Similarly, Chitranjan Singh too moved back to India after spending about 22 years in the US and working in companies like Qualcomm and Leapfrog Semiconductor in San Diego. He moved to India to start his own semiconductor and wireless systems company Ananant Systems.<br \/>&#8220;I was extremely excited by all the work that was being done in the telecommunications space in India,&#8221; he said. &#8220;I knew that with my experience in design, I could add value to the efforts that were ongoing in the country. It is extremely fulfilling and satisfying to be part of a cause that has the potential to transform lives.&#8221;<br \/><br \/><\/p>\n<div>It isn&#8217;t just founders of startups who are being drawn in by the action in the electronics manufacturing space in India. Large conglomerates like the Tata Group, for instance, are also leaving no stone unturned to attract top talent. The company onboarded Randhir Thakur of Intel Foundry Services for their electronics arm in April last year. The industry veteran has stepped on the gas and expanded the company rapidly to become a trusted player in the Apple global supply chain ecosystem, but also to set up India&#8217;s first fab and a large assembly and testing facility as well.<br \/><br \/>\n<div>Even Sumit Sadana, CBO of Micron, confirmed in his interaction with ET in July that the work in India is exciting for those in the US, some of whom are looking to move back.<br \/>&#8220;We have certainly seen some of that movement (to relocate to India) already,&#8221; he said. &#8220;And that has been gaining some momentum over the past several years as the economic growth continues to accelerate, the technology based investments have (also) become very vibrant. There are so many more opportunities on the startup side. And there is, most importantly, a tremendous optimism in people that this is not a flash in the pan and it is a more sustained change. And definitely there are many who want to take advantage of that.&#8221;<\/div>\n<div><br \/>\n<div>Harbir Kaur Bhatia, CEO of the Silicon Valley Central Chamber, said this trend of relocation is not recent but rather one that has been in existence for about a decade.<br \/>\n<div>&#8220;Indians have gone back to raise their families and to have the opportunity to gain financial prosperity while being surrounded by their culture, support system, and staying connected to their roots,&#8221; she said. &#8220;The financial success of India is making some people reconsider the cost of living in the US. Money could go a lot further in India.&#8221;<br \/><br \/>\n<div>However, she did say that with the changing dynamics with China, Indians, Taiwanese, Koreans, and others feel more powerful today than ever before.<\/div>\n<div><br \/>&#8220;This is because of a new window of opportunity that they did not see a decade ago,&#8221; she said. &#8220;Just as America realised that it has to reduce its dependence on China, so has India. Many are seeing that India has a lot to offer in semiconductor and electronics sectors, too.\u201d<\/div>\n<\/div>\n<\/div>\n<\/div>\n<br \/><br \/><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1e27f4da\" data-id=\"1e27f4da\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-879799e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"879799e\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-482c21ee\" data-id=\"482c21ee\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-477af0ab elementor-widget elementor-widget-heading\" data-id=\"477af0ab\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Recent Post<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73a1b6e elementor-widget elementor-widget-elementskit-post-list\" data-id=\"73a1b6e\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"elementskit-post-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div 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https:\/\/ananantsys.com\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-04-at-10.45.19-AM-212x300.jpeg 212w, https:\/\/ananantsys.com\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-04-at-10.45.19-AM-768x1086.jpeg 768w, https:\/\/ananantsys.com\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-04-at-10.45.19-AM-1086x1536.jpeg 1086w, https:\/\/ananantsys.com\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-04-at-10.45.19-AM.jpeg 1131w\" sizes=\"(max-width: 724px) 100vw, 724px\" \/>\t\t\t\t\t<div class=\"ekit_post_list_content_wraper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"meta-lists\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"meta-date\">\n\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t04 Mar 2025\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Witness the Future of Connectivity at MWC25 - Exclusive 5G\/6G Startup Demo<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t<\/li>\n\t\t\t\t\t<li class=\"elementor-icon-list-item   \">\n\t\t\t\t<a href=\"https:\/\/ananantsys.com\/?p=1113\" >\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"392\" height=\"1024\" src=\"https:\/\/ananantsys.com\/wp-content\/uploads\/2024\/08\/PHOTO-2024-08-07-21-02-08-392x1024.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" srcset=\"https:\/\/ananantsys.com\/wp-content\/uploads\/2024\/08\/PHOTO-2024-08-07-21-02-08-392x1024.jpg 392w, https:\/\/ananantsys.com\/wp-content\/uploads\/2024\/08\/PHOTO-2024-08-07-21-02-08-115x300.jpg 115w, https:\/\/ananantsys.com\/wp-content\/uploads\/2024\/08\/PHOTO-2024-08-07-21-02-08.jpg 485w\" sizes=\"(max-width: 392px) 100vw, 392px\" \/>\t\t\t\t\t<div class=\"ekit_post_list_content_wraper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"meta-lists\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"meta-date\">\n\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t07 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class=\"elementor-icon-list-text\">Article by ET<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Manufacturing push is drawing expat CXOs home Recruiters have seen a big spike in enquiries from Indian expats, including those at the CXO level, looking to relocate to India primarily from the US, UK and Canada over the last year, recruitment agency Randstad India told ET. However, Randstand did not quantify the size of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1129,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[15,17],"tags":[],"class_list":["post-1113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ananantsystems","category-article-by-et"],"_links":{"self":[{"href":"https:\/\/ananantsys.com\/index.php?rest_route=\/wp\/v2\/posts\/1113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ananantsys.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ananantsys.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ananantsys.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ananantsys.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1113"}],"version-history":[{"count":10,"href":"https:\/\/ananantsys.com\/index.php?rest_route=\/wp\/v2\/posts\/1113\/revisions"}],"predecessor-version":[{"id":1126,"href":"https:\/\/ananantsys.com\/index.php?rest_route=\/wp\/v2\/posts\/1113\/revisions\/1126"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ananantsys.com\/index.php?rest_route=\/wp\/v2\/media\/1129"}],"wp:attachment":[{"href":"https:\/\/ananantsys.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ananantsys.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ananantsys.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}