BENGALURU: From pharmaceuticals and automobiles to retail, organizations across industries are actively looking out of the boundaries to fill key positions locally. While technology has its share in the rise of this trend— curriculum vitae are openly available today, allowing Indian companies to tap into the best talent available in the world. Rising salary levels is also another important factor pointed out by experts, which made foreign talent more accessible to Indian companies.

While corporations like Dr Reddy's Laboratories, Landmark Group and Wockhardt are among the employers pursuing global talent for local positions, Asian Paints which is creating new platforms and requires emerging technologies, already sources such expertise globally. Emrana Sheikh, VP-HR, Asian Paints, said: "We have been hiring both foreign nationals and Indians who have studied, worked abroad and are considering to return to India.”

However recruiting top talent for science-focused companies like Wockhardt and Dr Reddy's, be it in India or anywhere in the world, still remains critical. ToI reports that Wockhardt is looking at around five or six senior positions to be filled from across the globe. The company has by far hired three to four people at leadership levels in India – from the U.S., Singapore and Europe, who were all operating in other countries as part of other global companies and are now based out of India. "We have been looking at high-quality global talent in a fairly significant manner," said Prem Singh, president, global human resources Wockhardt. He also added that, "Today, the biggest challenge for HR is to attract the best talent, not just in India but globally. To attract the best talent in some niche areas, we need to take a global approach and that works well for us.”

To this end, hiring experts gauge that— with demand for niche skills and certain domain expertise, the trend of companies tapping into global talent for local requirement is only accelerating. "Our syllabus has to do a lot of catch-up with the industry expectation and rapid evolution," said Randstad India, CEO, Moorthy Uppaluri. Competitive workforce strategies today, according to Chandrasekhar Sripada, India-president & global head of HR at Dr Reddy's, are global in nature.

Given the growing demand for global talent, Randstad's Uppaluri sees the working expats segment in India growing at 10-15 percent a year.

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