Overseas Health Insurance News: India offers good opportunities to Expats -
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Overseas Health Insurance News: India offers good opportunities to Expats

India is becoming the preferred destination for a number of expatriates across a wide variety of industries, it has been found.

In a survey carried out by the Association of Executive Search Consultants (AESC) it was found that BRICS nation was popular due to its slow, yet stable growth, reports The Economic Times.

Senior executives in a number of fields responded to the study, including those from oil and gas, retail, real estate, technology and government sectors.

Proof that many expats are attracted to India as a destination for work came in the form of 59 per cent of respondents saying they have noticed that the makeup of India's workforce contains a large number of different nationalities.

One of the major factors bringing expats to India is the high salary levels, which have been seen to increase recently, especially for the highest ranking positions.

Despite the fact that 76 per cent of employees said that their companies did not have any form of expat saving support, 30 per cent of respondents said living in India helped them to save some of their wages each month.

Peter Felix, president of the AESC, said: "As a fast-growing economy, India is currently attracting talent and skills from across the world.

"Our survey showed that executives are seeing a greater number of expats seeking to be part of the Indian workforce to not only gain first-hand experience in a global economy, but also be a part of the dynamic India growth story."

Of the respondents, 57 per cent were actively seeking new employment, but said they would like to stay within India, but with a different job.

The reasons for wanting to move companies included a lack of defined career progression, poor company culture and high levels of dissatisfaction with senior management.

When asked about multiple jobs, 88 per cent of those surveyed said that they could not see themselves changing jobs more than three times in a decade in India.

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