Interesting news comes from a publication in Mumbai. Daily News & Analysis reports that California-based Avery Dennison has big plans to invest in India during the next two years. The company is looking at buying mid-size companies, ranging from $30 million to $50 million, with plans to set up a radio frequency identification device (RFID) plant in Bangalore by 2009. (The news unconfirmed at the time this blog posted on RFID World.)
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.