Of late the sector is going through a lot of turbulence with job instability. Not just rampant layoffs,
"We have also simultaneously seen that the number of women looking for life partners in the US has been declining rapidly, especially since November," Gourav Rakshit, CEO of
Indian women are more likely to relocate after marriage, which is why prospective grooms have been hit harder by the change in perception about IT.
At Shaadi.com, about 7% of women are looking for prospective spouses in the US. The number has been on a steady decline because of a broader trend, Rakshit told ET. Opportunities in India have been growing consistently and women today are more hesitant to disrupt their careers and lives to settle abroad. "However, we have seen a sharper decline in November (11%) and February (15%)," he said.
Rohan Mathur, senior vice-president at