New Delhi, July 30 -- The decision of US-based Procter & Gamble (P&G) to appoint its Mumbai-born and India-educated chief operating officer Shailesh Jejurikar as its next CEO, with effect from 2026, marks yet another triumph for Indian talent abroad.

Even as we celebrate success within the Indian diaspora, we must also note that it comes at a time when many successful Indians are leaving India for good, a trend that's the subject of a recent book,Secession of the Successful, by Sanjaya Baru.

While we must not return to wringing hands over our 'brain drain' that once drew long sighs of dismay, nor fret about a scarcity of business leaders to create and run companies that can generate value and aid the economy's emergence, we still need t...