Word: high-tech
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...India Inc. might also be more palatable to some because individual managers and entrepreneurs from the subcontinent are familiar faces overseas. Driven in the past by lack of opportunity at home, India's best and brightest have long studied and worked in the U.S. and Europe. America's high-tech sector in particular has an unusual concentration of Indian workers. Some 13% of all private, venture-backed start-up companies in the U.S. are founded by Indian immigrants, according to a study released this month by the National Venture Capital Association. Many of Silicon Valley's high-tech leaders...
...Like many foreign observers of India's economic emergence, Luce starts by laying out the basic problem: the "curiously lopsided" way in which India's economy has boomed. Why does a country that is home to advanced high-tech and manufacturing companies still have about 400 million illiterate people and high unemployment? In so many aspects of its economy, Luce notes, "India finds itself higher on the ladder than one would expect it to be," yet "most of its population are still standing at the bottom." Many articles and books on India end here, but Luce explains the reasons...
India may be an emerging world leader in high-tech innovation, but you wouldn't know that while shopping for household items in New Delhi. My wife and kids land here in a week, and that has prompted me to try and make things look as homey as possible in our rented house. But as a newcomer to this country, I've discovered that filling the cupboards with groceries and household basics is not as simple as heading to the mall or the supermarket...
...starter kit, the NXT box I cracked open was packed with some pretty high-tech gadgetry. For $250, you get 577 pieces, including sensors that can detect sound, light, touch and obstacles (using ultrasound). You can even control it wirelessly with Bluetooth technology. Most robots are fun for a day or two. Lego offers a more lasting thrill; you can build a robot of your own design, play with it for a while, then pull it apart and build something else...
...India last week, the high-tech boomtown of Bangalore was wiped from the map. No, it wasn't hit by a nuclear attack or a natural disaster. Instead, the city simply ditched its British colonial--era moniker in favor of Bengalooru, which, in the local Kannada language, means "town of boiled beans." Other big Indian cities have already taken new names--Bombay is now Mumbai and Madras became Chennai. According to Kannada writer and Bengalooru advocate U.R. Ananthamurthy, such moves are a long-overdue reassertion of local identity. "It was the colonizer who changed the name first," he says...