New technology incubation centre opens in Bangalore
Posted by Jeu George on June 3rd, 2006
This is a good move by the Karnataka government and should help budding entrepreneurs realize their dreams. All the big successful software companies in India have their business models centered around servicing. Yes, it does bring in a lot of revenue, creates jobs, improves the economy, but eventually the fruits are harvested in other places. This needs to change and moves like this will take us one step closer.
There have been programs like this by other state governments, but IMO their objective is to attract more people and help improve the state economy. But something like this, in a place like Bangalore, India’s Silicon Valley, is certainly a move in the right direction. Although, it is to be seen what kind of benefits will be made available to get more people to adapt this program.
There will be a day when we will have more production units, than servicing centers.
June 10th, 2006 at 5:57 pm
Infrastructure..that is the only stumbling block..otherwise Bangalore is Bang on target