Why do Indians lag behind in product innovation?
Ten years ago, Indians who were in Silicon Valley were engineers. After 1995, many company CEOs were Indians. Now, 50 per cent of Silicon Valley companies are run by Indians. We have climbed the ladder to leadership positions. We have shown the world we can run companies. We started with business process outsourcing, started with small projects and are now getting bigger deals. We have done value addition to the existing projects. Next step will be in product innovation. Small companies and start-ups are already making products. It is true that Indians who have gone to US have become good product developers but in India they are not as creative. I still can’t figure out the reason. What are your future plans? We plan to launch operations in Mumbai by the end of this year. We will also be launching in Chennai, Hyderabad and Kolkata by the first quarter of next year. We plan to have 1 million users in 5 years generating revenue of $100 million. Every month about 1 million DVD players and
