Small firms from US, Europe head to India
The next wave of demand for talent and space is on its way to India, as tier-II companies from Europe and the US are looking at setting up shop in the country.
Industry experts say that beginning 2011, demand for both these resources is expected to reach the â€œcrazy levelsâ€ of 2005-06.
After the first wave of the large-cap multinationals, it is the turn of the small and medium enterprises (SMEs) of a size of around $500 million from these two continents to step into India. Some of these companies are family-owned.
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