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Following are a few options that can work.
Outsource to small niche players and freelancers
Since these small Companies or consultants or freelancers are highly focused in their niche skills, it is much more likely that they will deliver high quality at lower cost. Moreover, the headache of HR management is also not there when you outsource.
More and more such boutique firms are coming up in India; most of the enterprise is driven by talented, experienced people fed up with work-life-style in large Indian Companies and MNCs.
I think that this movement will gain a lot of momentum over the next few years, just like how it has been in USA & western Europe...
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