Greener pastures abroad seem to have lost charm for IIT graduates as most of them are preferring to stay back in India and believe that the country will be a “promising geography” in the next 10 years, says a new survey.
Among those who graduated from the IITs in 2002 and later, 84 per cent remained in the country whereas only 65 per cent of graduates during 1964-2000 period preferred to stay back.
The survey of 677 IITians conducted by global analytics and research firm Evalueserve showed that from those who graduated in 2002 and later, about 49 per cent respondents feel that India would provide them better opportunities.
Further, as many as 90 per cent of all IITians have chosen to remain in the country in 2006.
According to the survey, among the IITians who graduated prior to 2002, about 60 per cent viewed developed countries as the destination with the best career opportunities.
Interestingly, when asked that 10 years down the line which geography would hold the “most promise for success”, 72 per cent chose India, while 17 per cent opted for the US, 5 per cent Europe and 2 per cent China.
Better academic opportunities were the primary reason for IIT graduates to go to the United States. About 70 per cent of IITians who graduated prior to 2002 moved to America, while only 63 per cent of those who graduated in 2002 or later went to that country.