Ministry of SMEs and Startups: “206 Indian Software Developers Join Venture Companies”

The Ministry of SMEs and Startups (Minister Oh Young-joo, hereinafter referred to as the Ministry of SMEs and Startups) announced that it has introduced a program to link excellent Indian software developers for the first time in 2024 to support the SME and venture industries that are having difficulties recruiting software (SW) experts, and has recruited 206 people.

Last year, the Ministry of SMEs and Startups held three job fairs in New Delhi, India (with approximately 1,000 participants) to recruit Indian SW developers who wish to work for Korean companies.

In addition, the Venture Business Association, the business management organization, signed a memorandum of understanding (MOU) with the Pan-IT Alumni Foundation to ensure smooth business progress.

As a result, 358 domestic venture companies applied in 2024, and 206 Indian software developers were ultimately hired from 41 companies.

Out of the 206 people, 201 were recruited remotely to carry out projects in India without coming directly to Korea, and were quickly connected to companies without the hassle of visa issuance or other cumbersome procedures. For the five employees hired by companies that wanted Indian developers to come to Korea and work, support was provided for visa issuance and initial stay expenses.

Indian developers are SW professionals with more than 3 years of experience and are specialized in various fields such as AI development, mobile development, front-end development, and back-end development.

Company G, which participated in this project, said, “We are very satisfied with the overall work ability and performance of the Indian AI developer with 5 years of experience,” and also expressed its intention to hire more, saying, “There is also the advantage of being able to quickly understand the local situation through overseas talent.”

An official from the Ministry of SMEs and Startups said that they produced an “Indian Developer Collaboration Guidebook” containing information that companies were curious about when promoting business last year, such as methods of hiring Indian workers and visa issuance guides, and that they are distributing it online so that domestic companies can easily access it.*

The 2025 project will recruit the main organization by January 20th, and after preparing for the project, it will begin in earnest in March. It was reported that the project will be continuously improved by monitoring the participating companies and reflecting their demands.

Kim Bong-deok, director of venture policy at the Ministry of SMEs and Startups, said, “We plan to continue to promote the project in 2025 to help SMEs and venture companies resolve their shortage of SW personnel and enter the global market. In particular, we will seek to further utilize international students studying in Korea.”


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