The Great Indian IT Illusion - How Big Tech Exploits Talent While Dodging Taxes
For years, global tech giants like Amazon, Google, Meta, and Microsoft have been setting up massive development centers in India. With every new announcement, they proudly declare their "deep commitment" to India's digital transformation. Politicians celebrate these investments, citing job creation as a victory. But the reality is far from the grand narrative they sell. These companies are not here to uplift India's digital ecosystem. They are here for two things - talent and cost efficiency . India offers an abundant supply of highly skilled engineers, product managers, and data scientists at a fraction of the cost of their Western counterparts. The best of these minds are then exported—either physically through relocation or virtually by working on global projects—to build and expand these corporations' empires elsewhere. And the financial benefits? Those flow directly to tax havens and headquarters overseas, leaving India with little more than salaries ...