Engineers in the USA have learned that business wants their ideas and yet does little to reward them. Many who believe in their dream must start their own companies to try and win. But since they are not "businessmen," but engineers, many of them fail or get ripped off. Little companies are innovative and most of the Indian companies are new young and innovative, so yes you're right (India's go-getters stand in contrast to U.S. engineers), for now. What country will be the next bleeding edge of innovation?
Are you seeing this newborn love among "makers," board vendors, and chip companies? What mystifies me is not so much the love part, but how anyone could eventually mistake this infatuation for good business.