Story link: http://www.goodnewsindia.com/index.php/sieve/article/chip-designing-in-india

Disproving the caricature that India’s service boom is made of low-paid staff manning phones for the West, reports regularly emerge of new frontiers being conquered.

According to “IC Design Industry: Rapid Expansion”, a report by a US market analyst, India based semi-conductor designers are expected to grow their revenue from the current half billion to over $2.0 billion by 2010. By then, more than half of all the world’s chip designing will be done in India. This article in the Hindu details specific success stories in recent months.