India's tech Renaissance form cnet

"Tata recently won a deal to create an environmentally friendly cell phone for a U.S. carrier, for example, while rival Wipro Technologies is designing MP3 players for Europe and a flat-panel TV for an American company. Such entrepreneurial ventures in the consumer market are not confined to the largest players: Mumbai-based Celetronix produces set-top boxes for a U.S.-based satellite TV carrier. "
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"That marathon approach is viewed as a key advantage for India. Many executives and entrepreneurs note that India's tech boom is driven by a demographic bubble that will be difficult to match for other nations. India has a large population of young people who are driven, well-educated and work for relatively low wages.
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"For the first time," he said, "there is confidence that tomorrow will be better than today.""