According to search and recruitment firms and India Inc executives, organisations in sectors as diverse as oil and gas and manufacturing to banking, fashion and technology are keen to run global searches while hiring, in line with their global ambitions and capacity to pay on par with international standards.
Kotak Mahindra Bank, Vedanta, Larsen & Toubro, the Tata Group and the Adani Group are among large Indian conglomerates and companies that are bullish on expat talent, they said. There is also increased interest among these executives to work in India, given the opportunity for growth and experience this country offers, they said.
«Global executives are keen to have India on their resume,» said Ashwin Saboo, senior client partner at executive search firm Korn Ferry. «With regards to expats of Indian nationality, the openness to re-look at India is stronger than ever.»
Niche skills
In the first week of 2024, Adani Ports appointed Ashwani Gupta, former global chief operating officer of Nissan Motors, as its chief executive. On January 1, Ashok Vaswani, previously president of US-Israeli financial technology firm Pagaya, took charge as managing director and CEO of Kotak Mahindra Bank. The private sector bank also brought in Anupam Kaura from Crisil, London, to spearhead its organisational transformation as chief human resources officer.
Shortage of local talent
“Global talent, including Indians, are viewing the India growth story as an opportunity to add to their