Wednesday, December 08, 2004

 

India’s Silicon Valley Crumbling?

Samar Halarnkar outlines why India's own Silicon Valley is in jeopardy: the physical infrastructure - roads, airports, public transportation - is crumbling.

‘‘In the last six months, we have gone back ten years,’’ said Hoekstra, a Bangalore loyalist who said his board could now question a recently approved $50-million new investment. ‘‘Bangalore represents India. If the city does not scale up fast, why come here at all?’’ argues Hoekstra, who in October startled the government by boycotting India’s signature infotech event, BangaloreIT.com. ‘‘If we lose out now, we lose out to China.’’
The original Silicon Valley in California was created in response to the local government mismanagement and overtaxation in San Francisco.