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resistion
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CEO
Irony
resistion   10/19/2013 10:45:15 AM
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Ironically, the startups will have to use the Chinese foundries to survive rather than wait for the Indian fabs to come up.

stippu
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Blogger
Re: Looks too late too little
stippu   10/19/2013 10:25:52 AM
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Yes. it is  a bit too late but at least if there are 10 startups trying to get funding and even if three are able to have access to funds, it is a big step forward rather than all the 10 land up with futile results as far as funding goes. Though the govt can do only so much and we all know that there is rampant corruption, at least if private funding helps a few to break through, I believe it is a good thing going. There used to be a couple of other VCs too who were actively looking at semicon funding but they couldnt find any good business plans or innovation, they had said. This was about three to four years ago but I think things are changing now, albeit gradually. There are many Indian-origin techies looking at coming back to India ( though they are not completely giving up their US operations) and this is in semicon space.. hopefully, there should be some success. 

elctrnx_lyf
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Manager
Re: Looks too late too little
elctrnx_lyf   10/19/2013 8:26:23 AM
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These investments are pure commercial interests rather than a real help to the infrastructure development of India. India needs more government action than depending on the private venture capitalists for funding purpose.

_hm
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CEO
Looks too late too little
_hm   10/19/2013 5:35:43 AM
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This looks too late and too little. Innovation is the key to success. India has capability to innovate advance technology and earn much more money.

prabhakar_deosthali
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CEO
re:
prabhakar_deosthali   10/19/2013 2:26:27 AM
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This sure is the sign that India is now entering the big league - chip design as well as manufacturing. And like in population terms , this is a field also where  India is set to be ahead of China in the next decade or so.

rick merritt
User Rank
Blogger
Chips up for India
rick merritt   10/18/2013 7:00:53 PM
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Cool that China centric Walden is coming to India. Does it mean China is fully vested? Who are the beneficiaries in India?

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