Is the Next Silicon Valley Taking Root in Bangalore?
This weekend, India seems to be the darling of the US Press. Yet another article in the NYT about the emergence of Bangalore as a center of technological progress.
Bangalore’s flourishing outsourcing companies, including Infosys Technologies and Wipro, have attracted worldwide attention with their global clients and tens of thousands of workers. Less known are the many technology start-ups, like Read-Ink, that have taken root here in recent years.
The new firms are drawn by the region’s big pool of engineering graduates, many of whom have expertise in esoteric new technologies. That advantage, coupled with labor costs much lower than those of Silicon Valley, is starting to turn Bangalore, long a center for lower-end outsourcing services, into a center of higher-end innovation.
Continue reading here
