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.
June - 2007 - issue > Tech Buzz
Spreading their Reach
ST Team
The Indus Entrepreneur Group (TiE) estimates that around 60,000 IT workers may have returned from Silicon Valley to India in recent years.
According to TiE, the Silicon Valley has been the most affected by this trend. In 2003, TiE had reported that between 15,000 and 20,000 Indians had returned. The trend has continued and about 40,000 more have come back in the last four years.
”The flow of investment capital to India also has expanded, much of it from Silicon Valley VC firms,” says Mishra, Senior Venture Partner with Clearstone Ventures, enunciating a major reason for the shift.
Aperto and NXP move to new facilities
Aperto Networks and NXP Semiconductors are both moving towards upgrading their India centers, both in the R&D and sales and marketing space.
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