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Slowly, but surely, the likes of Murthys, Tatas and Premjis picked up pace from there and went on to create a more flat world where Indian software Industry is being recognized as the most favorable location for customized software solutions. In fact so much so, that Bangalore is increasingly referred as the “Silicon Valley” of India.
Is it really so? Perhaps, the truth lies deep down and even the biggest of the Indian IT Companies fear to tread the path which seemingly is the only way to go.
Till now, Indian IT Companies have thrived on labor arbitrage and innovation doesn’t exist in the dictionaries of such companies...
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