Is this kinda start of H1B to India........who knows may be...

H1B - What a craze it has on all budding software engineers in India.
As a serious joke our gr8 actor Brahmanadam said the software engineers are more than dogs in hyderabad...
Its all about the tag u get on urself "US return"..hehe

Just look at this article written one journalist about US grads moving to India for internships and work...amazing..
The reason which these grads give is...
pathetic job situation in US and decreasing wages against increasing costs...

Though this is about one such industry "News / Journalism",
who knows there might be a time where even people will come to India for work in IT feild also...

http://www.salon.com/news/feature/2008/08/07/journalists_go_to_india/
Journalists go to India for WORK

Update: Sep-05-2008
Also check out this link which says more IITans stayin back in India for India.Inc Jobs and turning down US jobs for bettet pay and stability.....
Indians turn down US Jobs