Pros
Great product, good work life balance, pretty decent salaries, all thanks to the managers returned from USA who brought some culture/ethics with them.
Cons
All the supporting departments to R&D are inefficient at the best. It seems like the Admin, IT, HR, Finance all are cutting the cost wherever it is possible to show so their efficiency to their bosses on the side of USA without conveying them how people hate the changes their acts bring in. Examples: Till date there is no arrangement of a decent pantry inside office. Only one vendor to distribute poor quality food for a pretty big price tag. Office infrastructure is getting worse every next day with very little focus on fixing it. All the drinks which employee likes and consume disappear from the cafeteria. Entire HR seems to be run by only one person with little to no employee engagement. I can bet HR has no idea what employees want, in my couple of years of time in office I have never seen HR engaging any of the employees. It is pathetic. Parental insurance is available but you pay 10K for it. Also insurance is only 3 lacks.