India's Labor Mobility Deals Reflect Workforce Export Strategy Amid Rising Global Anti-Immigration Sentiment
India is increasingly signing labor mobility agreements with countries like Russia, Israel, New Zealand, Finland, and the European Union as it seeks to export its large workforce. This strategy comes amid a reliance on remittances—accounting for about 3% of India's GDP—and challenges in providing sufficient high-skilled employment domestically.
Topics: economic strategy India labor mobility pacts remittances