Well no, and this just shows your naivety and lack of experience in this domain. Having travelled extensively in the Nordic region, nations such as Denmark and Norway have a native workforce of between 80-90%, the rest are EU nationals and international workers. They are among the most productive nations on earth. Other nations nearby such as the Netherlands, Luxemburg all have similar figures and incredible rates of productivity.
Their capital hasn't sunk.
Now how about you press your government to try to find jobs for millions of millions of Indians who are desperate to go abroad to AUS, CAN, US, UK, Singapore, EU and so on.