Diaspora power: Shaping Viksit Bharat through global collaboration

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When Satya Nadella, born in Hyderabad, transformed Microsoft into a global tech leader, and Sundar Pichai, hailing from Chennai, became the CEO of Alphabet, they didn't just make personal strides—they showcased the unparalleled potential of the Indian diaspora. 

From Indra Nooyi's revolutionary leadership at PepsiCo to Vinod Khosla's pioneering ventures in Silicon Valley, these luminaries exemplify how Indians who migrated to the United States have redefined innovation, leadership, and influence on a global scale. This underscores the power of over 32 million Indians living abroad. 

This force has integrated into their adopted countries and serves as an unparalleled asset for India's global ambitions. 

As the Pravasi Bhartiya Divas (PBD) Convention approaches, the theme, "Diaspora's Contribution to a Viksit Bharat," sets the stage for a critical dialogue on how this global community can accelerate India's journey toward becoming a developed nation.

The PBD Convention is more than a celebration of cultural connections. It is a platform to forge meaningful partnerships across economic, political, and social dimensions. This year's agenda covers various topics, from economic contributions to cultural preservation, all to leverage the diaspora's potential for mutual growth and prosperity.

Political Representation and Soft Power Influence

The Indian diaspora's growing political clout is a testament to its strategic importance. Across the United States, United Kingdom, Canada, and Australia, Indians have emerged as influential voices shaping policies and fostering bilateral ties.

 This ability to act as "bridge-builders" positions the diaspora as a key player in India's foreign policy strategy.

India must harness this influence to amplify its global narrative, particularly in addressing pressing challenges like trade, climate change, and security. 

Policymakers in India could consider initiatives to support diaspora lobbying efforts in host countries, ensuring India's interests are represented in international decision-making forums. 

Such collaborations bolster India's soft power and reinforce its role as a leader in global governance.

Economic Opportunities and Remittances

With remittances exceeding $125 billion annually, the diaspora's financial contributions form a cornerstone of India's economy. Yet, remittances represent just the tip of the iceberg. The PBD Convention offers a chance to discuss pathways for transforming these contributions into structured investments.

Simplifying regulatory frameworks, introducing tax incentives, and launching diaspora-specific investment funds can unlock untapped potential. For instance, real estate, green energy, and startups are sectors where NRI and OCI communities can play a transformative role. 

By making these investments seamless, India can channel diaspora wealth into projects that drive infrastructure development, job creation, and innovation.

Cultural Identity and Preservation

For the second and third-generation diaspora, maintaining a connection to India is increasingly challenging. As Mahatma Gandhi said, "A nation's culture resides in the hearts and in the soul of its people." Programs like "Bharat Ko Janiye" aim to preserve this connection by educating youth about Indian heritage and fostering a sense of pride in their roots.

"Cultural preservation is not just about holding onto traditions; it's about evolving them to remain relevant across generations," said Dr. Raghunath Mashelkar, a renowned scientist and cultural advocate. 

Digital platforms, immersive exchange programs, and regional festivals can play a pivotal role in strengthening this bond, ensuring that the spirit of India thrives across generations.

Healthcare, Education, and Tech Advancements

India's advancements in healthcare and education offer a fertile ground for diaspora collaboration. We have the talent and the technology to revolutionize healthcare for India and the world," said Dr. Devi Shetty, a renowned cardiac surgeon and entrepreneur. 

Medical tourism, for instance, is an area where the diaspora can promote India's reputation for affordable, high-quality care. Moreover, Indian-origin healthcare professionals abroad can contribute through mentorship programs, knowledge exchange, and joint research initiatives.

Similarly, educational partnerships with diaspora leaders in academia and technology can foster a global research culture. "Education is the most powerful weapon which you can use to change the world," Nelson Mandela famously said—a sentiment echoed by leaders in India's education sector. 

Facilitating exchange programs, funding scholarships, and establishing global research partnerships can prepare Indian students to excel on the world stage.

Migration Policies and Worker Welfare

Millions of Indian workers, particularly in the Middle East, face challenges related to labor rights, safety, and legal protections. While the Overseas Citizen of India (OCI) card and similar initiatives have made progress, more needs to be done to safeguard the welfare of blue-collar workers.  

Dr. Shashi Tharoor, former Minister of State for External Affairs, has emphasized, "Our workers are our ambassadors, contributing not just to host economies but also to India's growth. It is our responsibility to ensure their dignity and welfare."

Discussions at the PBD Convention should emphasize enhancing migration policies to ensure safe, legal, and skilled migration. Initiatives such as bilateral labor agreements and robust consular support systems can provide a safety net for Indian workers abroad, ensuring their contributions remain mutually beneficial.

Philanthropy and Social Impact

The diaspora's response during crises like the COVID-19 pandemic showcased its deep commitment to India's welfare. However, these efforts need better coordination. The diaspora's response during crises like the COVID-19 pandemic showcased its deep commitment to India's welfare. 

As Azim Premji, founder of Wipro and a leading philanthropist, stated, "True philanthropy is about building a better world, not just for us but for generations to come." Diaspora philanthropy can be better coordinated through structured platforms that direct resources to impactful causes, such as rural development, disaster relief, and education for underprivileged communities.

By creating transparent, government-endorsed platforms, India can strengthen its social fabric while ensuring accountability and maximum impact.

Entrepreneurship and Innovation

Diaspora entrepreneurs are uniquely positioned to bridge markets, technology, and talent between India and their host countries. "India has the potential to be the next global hub for innovation, but it will require collaboration between its people at home and those abroad," remarked Vinod Khosla, co-founder of Sun Microsystems and a prominent Silicon Valley investor. Initiatives encouraging diaspora-led startups in India can accelerate growth in artificial intelligence, renewable energy, and biotechnology sectors.

Policymakers should consider creating dedicated funding schemes, mentorship networks, and streamlined regulatory processes to foster a robust entrepreneurship ecosystem. Programs like Startup India can further enhance this effort, making India a global hub for innovation.

Building a United Vision

As India prepares for the PBD Convention, the opportunities to collaborate with its diaspora are immense. The global Indian community is not just an economic asset but a repository of knowledge, culture, and influence that can propel India toward becoming a developed nation.

To fully realize this potential, India must adopt a strategic approach that goes beyond symbolic gestures. Strengthening political alliances, simplifying investment frameworks, and fostering cultural connections will create a virtuous cycle of growth and development.

The PBD Convention is not merely an event; it is a testament to the enduring bond between India and its diaspora—a bond that, if nurtured, can shape a future marked by shared prosperity and progress. Together, India and its diaspora can script a story of global leadership, innovation, and unity. 

 

The author is the President, Global Indian Diaspora Foundation, USA

(The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of  New India Abroad.)