The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.
September - 2007 - issue > Cover Feature
Indias future knows no borders
Manu Mehta
While India’s geographic boundaries may remain unchanged, my answer to this question is a much different one today. India still stretches from Kashmir to Kanyakumari. But now India also stretches to London, to Tokyo, to New York, to Silicon Valley and beyond.
India is everywhere today. And understanding India’s rapid transformation from a regional to global player is a key element in understanding India’s future.
Let’s use the year 2000 as a reference point in this transformation. Much of India’s exports that year – U.S. $36.3 billion – were related to commodities such as textiles, chemicals, and durable goods. In 2006, India’s exports had more than tripled to U.S. $122 billion of which a large chunk was from the IT industry.
What got the ball rolling for such an impressive growth in just six years? This latest boom started in large part within India’s service sector, fueled by technology companies located outside of India’s boundaries that used the country as a low-cost offshore entity to farm out back-office jobs.
Reader's comments(2)
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