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.