Tuesday, October 10, 2006
Watch out for Bangalore
In June 2005, Bangalore opened a world-class incubation center which was part of the Software Technology Parks of India (STPI). In this center, it would create opportunities for entrepreneurs without capital investment and could work on innovative projects. Basically here they would work on large world wide ideas instead of small ideas. For example: just for India. Of all the exports, one-third come from this center. In 2005 alone, their software exports reached $24 billion (US) and are headed to reach $60 billion (US) within the next three to four years. Karnataka chief Minister H. D. Kumaraswamy said, "STPI is known for its entrepreneurial spirit in the country. And in Bangalore, STPI is like a serial entrepreneur where one venture after another has become successful."
Link:http://www.itwire.com.au/content/view/4507/945/
Link:http://www.itwire.com.au/content/view/4507/945/
