As President George W. Bush touches down in India for a state visit, he finds a country that is much more technically sophisticated than it was even just a few years ago. The change is particularly striking in information technology, where, until recently, the pattern was for Indian engineers to do the grunt work for multinationals that were doing most of their innovation and making the really big money elsewhere. But in recent months, IBM, Advanced Micro Devices (AMD), Intel, Broadcom, and Cisco all announced major investments in chip design in India, amounting to billions of U.S. dollars.
Largely because of these commitments, within a few years India will have its first semiconductor factory up and running, and the chips being made there will likely have been conceived and engineered in India itself.
Explore further @ “Big Players in Chip Design Buy Into India, “ by Seema Singh.