Loyalty, it seems, does not have any value in modern organizations. Traditionally, in India, job/career is viewed differently than in America. Job indicates some sort of stability to life and these sort of decisions, can crash those views. There are some who misused that stability and there are many who utilized that stability properly and create value to life,society.
I read in news the statements of visiting American CEO's that they understand India,localize their operations ...etc. My suggestion is, in addition to understanding "customer/consumer" aspect of Indians, please understand the other aspects such as society,priorities, values, relative importance ...etc too. If that is the case, organizations will be careful during hiring, making sustainable business models avoiding knee-jerk policies.