They can capture the market without moving the workforce there. Meta/Instagram/WA have dominated Indian market for a decade now.
It seems like this is pure labor arbitrage. Growth is gone so the only way to increase profits is by cutting costs, with labor force being the top line item.
You are describing a colonial model, extract all the wealth while investing nothing in the local economy. That era is over.
If anything, Meta is the anomaly, not the role model. They should be required to invest more given their dominance, rather than being praised for extracting maximum value with minimum local footprint. Regulators will likely close that gap eventually.
If a foreign entity came into Florida and bought up 35% of the entire retail infrastructure, you bet the US government would regulate it and demand local value capture.
Case in point - US actively forced TSMC and Samsung to build $65B+ of factories in Arizona and Texas to secure domestic interests.
> If anything, Meta is the anomaly, not the role model.
Meta try very very hard to avoid having any data within Indian borders, because of their privacy laws.
This necessitates not hiring product or data people there.
Source: worked there for five years many moons ago.
> They can capture the market without moving the workforce there. Meta/Instagram/WA have dominated Indian market for a decade now.
The former is a logistics company. They need an on-the-ground workforce in places they operate. The latter are social media products, no local workforce of significance needed.
That said, we are in a world where Amazon is able to do labor arbitrage of software-adjacent jobs by moving them to India. That's been happening for more than 2 decades. Nothing short of new laws levying penalties, or a massive consumer boycott will stop that or slow it down.