India needs to win and grow on the pillars of talent, quality, innovation, differentiation and agility, and gradually, but eventually, move away from playing the labour arbitrage game. Promoting creation of IP in India, incentivizing export of software versus export of skills, and necessitating investment in R&D are some of the measures, if pursued through a series of policy interventions, would be useful in seeding and driving the much-needed change in the Indian Industry.
Please click here to read the full article by Minu Dwivedi & Shreya Chowdhury, published in ET HR World.
Minu has work experience of 19 years. Her practice area is General Corporate and Commercial with special focus on Labour and Employment, White Collar Crimes, FCPA, Anti-Corruption and Anti-Bribery, Disciplinary and Other Workplace Investigations, POSH, Ethics, HR, and Corporate Governance.