Quantcast

Jewish Journal

With business booming in India, young Jews are staying put

by Ben Frank

June 2, 2008 | 11:38 am

The synagogue in Cochin

The synagogue in Cochin

MUMBAI, India (JTA)—About 500 well-wishers gathered recently around Isaac Divekar and Siyona Garsulkar at their outdoor catered wedding reception at the Elie Kadoorie School here.

Divekar, an accountant for a large investment firm, and Garsulkar, a human resources professional, had just married at one of this city’s noted synagogues, Magen Hassidim, built in 1931.

Unlike many young Indian Jewish couples who, in previous years, often left the country in search of greater opportunity and Jewish life elsewhere, this young couple will be staying put in Mumbai.

³There are more job opportunities in India now,² said Divekar, citing call centers and outsourcing from the United States. Young Jews ³are staying in India and not emigrating.²

Divekar and his wife epitomize the new India and its revived Jewish community of nearly 5,000, most of which lives in this metropolis of 19 million formerly known as Bombay.

Seeing a bright future in their native land, young Indian Jews increasingly are remaining in India, which has the world’s fastest growing major economy after China. India’s 9 percent growth rate in 2007 was four times that of the United States and nearly twice that of Israel.

Last year, only 49 Jews left the community for Israel, down from 291 in 2006—though the latter figure included the 229 Bnei Menashe from northeast India, according to Ze’ev Schwartzberg, head of the Ethiopia and India desk of the Jewish Agency for Israel’s aliyah department.

Schwartzberg said 90 Indian Jews left for Israel in 2004 and 143 the previous year. India’s booming economy and the Arab-Israeli conflict are keeping aliyah down, he said.

The Jewish population in India “has remained stable,” said Elijah Jacob, the American Jewish Joint Distribution Committee country manager in India, citing a total of 4,480 Jews in India. Approximately 3,700 reside in Mumbai and nearby Thane. The balance live in the Konkan villages, Pune, Ahmedabad, Kochi (Cochin), Delhi and Calcutta.

Young Indian Jews like Divekar and Siyona have witnessed the economic boom overtaking the subcontinent.

“Never has there been a better time to have been born in India,” seems to be the country’s motto, uttered on Indian television almost every day.

With a population of about 1.15 billion, India, like China, has capitalized on its educated workforce to become a major exporter of high-tech, financial and other services.

Most young Jews are educated in Indian schools where English is the language of instruction and are highly proficient in English and technology. They see their country as a place of opportunity, especially in high-tech jobs and “call centers which pay extremely well,” according to Antony Korenstein, country director of the JDC in India.

“Jews are sharing in and riding the economic wave,” Korenstein said.

Many young Indian Jews work in high-tech industries and financial services, whereas their parents tended to work as family business owners, company directors, lawyers and bank clerks.

The parents “certainly are not poor, though very few are truly wealthy,” Korenstein said.

Tracker Pixel for Entry

COMMENTS

We welcome your feedback.

Privacy Policy
Your information will not be shared or sold without your consent. Get all the details.

Terms of Service
JewishJournal.com has rules for its commenting community.Get all the details.

Publication
JewishJournal.com reserves the right to use your comment in our weekly print publication.

ADVERTISEMENT
PUT YOUR AD HERE