India is a strange place. It attracted global IT companies to establish their bases in India, with a carrot of cheap talent. These companies after looking at possibly high margins eagerly established their bases in the country. But in this ever-changing world, when the tables will be turned, we can’t say for sure.
Enter pandemic. The pandemic accelerated the need of going digital for all businesses. This caused the demand for skilled IT talent to go north. Now, when the rest of the sectors are witnessing job and salary cuts, skilled and experienced IT people are in high demand. The exact same thing has skyrocketed the salaries of IT people.