There is so much talent in India that it is over flowing and reaching other countries.
Its only that we have less opportunities and the chances of growth are less.
Though things have started to change but still the pace is slow and not what is desired.
There is also problem with the candidates who are talented but they do not know how to reach the organisation that will value their worth.
Being rejected in couple of interviews or jobs they move to totally unknown world. Engineers are working in accounts, HR people are working as receptionist, Hotel management candidates are working in Pharma Sales, all odd combinations are present. Its problem with companies as well as candidates. Companies hire candidates that match their budget, irrespective of their skills and experience, same ways candidates adopt for jobs that come their way.
Recruiters and placement consultants must be worst effected . And this leads to never ending recruitment process.