It's not only the Indian engineers, management graduates and IT professionals who are in demand overseas. Usually, the low-profiled chartered accountants (CAs) too are now in demand by the other countries.
The apex body of CAs — Institute of Chartered Accountant of India (ICAI) — claims that it has received requests from 25 countries seeking Indian accounting professionals.
It may be mentioned here that ICAI is world’s second largest body of accounting professionals with over 1.4 lakh members. US has the largest strength of accounting practitioners.
“The perception towards Indian accountants, in the international market, has changed dramatically. We are being approached by the various countries to provide them CAs. Earlier, the CAs from western world were more in demand due to their command over English and colonial mentality in different countries. But the scenario is changing for good now,” ICAI president Mr Sunil Talati said.
He added that apart from Middle East, there is huge demand of CAs in countries like Australia, New Zealand and Nigeria.
During the last ICAI campus placement in March 2007, both Olam International and Sharaf Shipping Corporation, recruiters offering the highest pay packages were from overseas to recruit candidates for international destinations.
Olam offered the package of over Rs 38 lakh a year to a CA while Sharaf Shipping recruited a candidate for about Rs 11 lakh a year.
Mr Talati said that different countries as seeking 20-80 CAs but with soaring salaries in India, international recruiters are not able to find suitable candidates.
“The growing demand for Indian accounting practitioners is due to the brand value created by our CAs. ICAI is also playing an active role to make our presence felt in the international markets,” Mr Talati said.
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