It really depends on whether you want to outsource development or actually want a remote (but in house) dev team in India.
Most comments here are already inherently considering the remote team to be code monkeys who will churn out software based on specs. There is no magic here, to get good code, you need devs who are invested in the idea, and not second class citizens in the company.
Invest the same amount of resources into hiring people as you would here, pay not just a good but a great salary, make the Indian office a good place to work, where employees actually have a ladder to climb and have input in the product, and all this can work.
And yes, that most likely means having someone on the ground in the early days.
You can't expect in attract great talent with half assed hiring measures and an intent to get code on the cheap. Those people are happy doing their own startups or working somewhere else.
You hit it, thanks! Not interested in outsourcing, per say. My goal would be to leverage low market wages in India by setting up a foreign office with it's own management etc.
How far above average pay do you think I would have to go?
Most comments here are already inherently considering the remote team to be code monkeys who will churn out software based on specs. There is no magic here, to get good code, you need devs who are invested in the idea, and not second class citizens in the company.
Invest the same amount of resources into hiring people as you would here, pay not just a good but a great salary, make the Indian office a good place to work, where employees actually have a ladder to climb and have input in the product, and all this can work.
And yes, that most likely means having someone on the ground in the early days.
You can't expect in attract great talent with half assed hiring measures and an intent to get code on the cheap. Those people are happy doing their own startups or working somewhere else.