India ranked 3rd in out-sourcing talent

According to the latest Manpower Inc Borderless Workforce Survey released on Tuesday, India has been ranked as the third most popular destination for sourcing foreign talent and is believed to pose a threat to other nations’ competitive ability..

As many as 11 of the 26 foreign countries surveyed sourced talent from India and the country has been ranked third in the list of top ten countries believed to be an economic threat to other nations.

India is the third most popular country for sourcing foreign talent after China and United States. While the other seven major countries for sourcing foreign talent across the world, include United Kingdom, Germany, Japan, Spain, France, Canada and Poland.

Notwithstanding the fact that India is the third most popular destination for sourcing foreign talent, but the country receives the highest remittances about $27 billion from nationals working abroad, it is closely followed by China ($25.7 billion), Mexico ($25 billion) and Philippines ($17 billion).