By failing to retain the best and brightest - especially from India - the US has triggered a reverse brain drain that is transforming India into a global innovation powerhouse, while eroding America's leadership in innovation and entrepreneurship. This transformation is exemplified by Indian entrepreneurs who returned from abroad to build billion-dollar companies. Sachin and Binny Bansal, former Amazon employees, co-founded Flipkart. Bhavish Aggarwal, after working at Microsoft, created Ola, which has since expanded into EVs, AI and RE.