technological advances and intellectual property will
emerge as the drivers of the next wave of growth. This
is the theme of the 2006 annual 'Bangalore IT.in', Bangalore's
infotech exhibition, report CNBC-TV18 .
is moving up the value chain from call centres to high-end
design and engineering services. These new processes are
expected to ice the revenue cake by $15-20 billion over
the next five years. By 2010, IT exports are expected
to contribute over $60 billion.
NASA contracts to designs for the top names in the auto
industry, India is where it's all happening. And with
the big players still keen on setting up units in the
country, the time seems just right for India to strike
gold in a silicon chip.
property is the stock phrase, and with its quality engineering
talent, India is the choicest location. Global players
like Intel and Dell have already set up design and R&D
centres here. This is driving large Indian firms to foray
into this space. But until then, it's the smaller companies
that are reaping the benefits.
Sharma, VP, engineering, SiRF India, says, "As more
and more products get developed in India, the interest
will grow. People will recognise that it is do-able, that
we have the right technical and managerial talent to deliver
these things. And it can only grow."
$25-billion embedded systems market is growing at 25 per
cent to 30 per cent annually. And India could well develop
the licence to explore a gold mine of opportunity.