India lags in product, technology innovation

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India lags in product, technology innovation

10-14-2005, 12:53 PM,

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mandy Offline

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India lags in product, technology innovation

Quote:Although India has emerged as a key offshore software development and chip design location for multinational companies, it still lags in home-grown products and technology innovation, according to some in the industry and analysts.

Currently, venture capitalists in India are risk averse, and would prefer to invest in a call center than in a company that wants to commercialize a new technology or product,...

full article: http://www.infoworld.com/article/05/10/1...ags_1.html

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