The outlook for the Indian economy continues to soar, as the IMF recently projected that India will soon become the world’s third-largest economy. A decade ago, brain drain was sapping India’s talent, reducing opportunities, stifling innovation, and weakening India’s reputation and influence worldwide. Today, however, the previous narrative is giving way to a new phenomenon of brain gain. The reversal comes as a result of transformative government initiatives, successful entrepreneurial leadership, and what some have called a renewed sense of national self-confidence.

Evidence of India’s brain gain is the fact that India’s thriving startup ecosystem is now the third largest in the world. While examples from the IT sector abound with innovative and creative energy, the shift in brain gain has also affected other sectors of the economy. Indeed, there is a growing number of innovators and entrepreneurs who are increasingly becoming more attentive to solving systemic socio-economic problems. The pull to the homeland has encouraged business leaders to fundamentally orient their strategies towards care and responsibility for their home.