This is very recent change. There should be some benefit for the company too.
I know a company which hired the best MIT PhD but they also hired the best IIT PhDs for the work. Both of them do equally good. But the IIT PhDs are more cost effective and hence they expanded the program in India.
I know a company which hired the best MIT PhD but they also hired the best IIT PhDs for the work. Both of them do equally good. But the IIT PhDs are more cost effective and hence they expanded the program in India.