Thursday, July 3, 2008

INDIA: Technology

  • India's telecom infrastructure between Chennai, Mumbai and Singapore, provides the largest bandwidth capacity in the world, with well over 8.5 Terabits (8.5Tbs) per second.
  • With more than 250 universities, 1,500 research institutions and 10,428 higher education institutes, India produces 200,000 engineering graduates and another 300,000 technically trained graduates every year.
  • Besides, another 2 million other graduates qualify out in India annually.
  • The Indian Institute of Technology (IIT) is among the top three universities from which McKinsey & Company, the world's biggest consulting firm, hires most.
  • Geneva-based STMicroelectronics is one of the largest semiconductor companies to develop integrated circuits and software in India.
  • Texas Instruments was the first to open operations in Bangalore, followed by Motorola, Intel, Cadence Design Systems and several others.
  • 80 of the World's 117 SEI CMM Level-5 companies are based in India.
  • 5 Indian companies recently received the globally acclaimed Deming prize. This prize is given to an organization for rigorous total quality management (TQM) practices.
  • 15 of the world's major Automobile makers are obtaining components from Indian companies.
  • This business fetched India $1.5 Billion in 2003, and will reach $15 Billion by 2007.
  • New emerging industries areas include Bio-Informatics, Bio-Technology, Genomics, Clinical Research and Trials.
  • World-renowned TQM expert Yasutoshi Washio predicts that Indian manufacturing quality will overtake that of Japan in 2013.
  • McKinsey believes India's revenues from the IT industry will reach $87 Billion by 2008.Flextronics, the $14 billion global major in Electronic Manufacturing Services, has announced that it will make India a global competence centre for telecom software development.

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