It is common knowledge that many of America's corporate jobs are being outsourced to India, but apparently, Americans are starting to consider following those jobs to India.

As stated in a recent piece in Red Herring: "Many 20-something Europeans are heading to India to give their careers a kickstart, and U.S. and Asian expats may soon follows."

The Indian economy, according to the article, has been growing at an average rate of 8 percent per year over the past 5 years, which 10 percent growth expected for 2006. However, there is a struggle to meet this demand as there is an estimated shortage of 500,000 technology professionals anticipated for 2010; this according to NASSCOM, India's National Association of Software and Services Companies.

Will this also mean further population growth in India? According to another projection from NASSCOM, the Indian population is expected to grow to 1.2 billion in 2010, 200 million more than it was in the year 2000. In turn, at that rate the middle class of India will include more than 300 million people while software exports are value around $60 billion.

What does this mean for the HR industry in India? Stay tuned.