How important is a highly educated human resource pool for MNCS wanting to invest in I ndia?

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makes perfect sense, then, that more and more multi-national

corporations (MNCs) are positioning themselves to become part of

India's success story. Among its many attractions is the vast and

highly attractive human resource pool: well-educated and

English-speaking, with an average age of 25. On the surface, there

seems to be many talented candidates to help companies keep up in

this fast-paced business climate.

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While it is true that India remains one of the preferred

destinations for financial institutions and technology and other

companies from which to base their call centers, the need for

talent is becoming much broader, particularly at the mid-manager

level. Currently, research and development, investment banking,

accounting, marketing, and sales professionals are in hot demand.

But finding the right people with the appropriate blend of skills

and experience for these positions is not as easy as one might

think. Furthermore, retaining these people in a climate more

competitive than Silicon Valley in the 1990s is making the

management of human capital more and more complicated for local

companies and MNCs alike.