Texas Instruments India, after 21-years in Bangalore has finally gone in for a second facility, elsewhere.
In a vote of confidence in the Indian economy, barely a day after a wave of bombing attacks shocked Mumbai, India's financial centre, Texas Instruments is setting up an
R&D centre in Chennai, a coastal city in south India, capital of the state of Tamil Nadu.
While, Texas Instruments states the new centre will focus on technologies across th.company"s product portfolio, industry observers are of the opinion its focus will be mainly on chip technology for mobile phones. Selecting Chennai for this industry vertical is self-evident, as the R&D centre will be close to Nokia and Flextronics phone manufacturers.
And, the presence of Gilles Delfassy, head of Texas Instrument"s wireless terminals business unit lent credence to the news at the press conference held in Chennai. SI"m pleased to say that we are escalating our existing wireless design presence in recognition of the importance of India to the global wireless market, Mr. Delfassy informed reporters.
With Texas Instrument.committed to driving down phone costs by way of its LoCosto family of single-chip mobile phone systems, it will accelerate wireless penetration in emerging high-volume markets like India, with low-cost phones based on Texas Instrument"s LoCosto technology expected to arrive in the Indian market later this year.
Further, Mr. Delfassy emphasized the importance of GSM (global system for mobil.communications) for mobile phone connectivity in India, as it is, in fact, most popular in the country, with over 70% of the 100-million-odd subscribers choosing to go with phon.companies offering GSM.
Stressing on DVB-H (digital video broadcasting-handheld), an open industry standard used to deploy mobile TV services, he said: SOpen standards such as GSM and DVB-H technologies for mobile phones will provide the market with greater choice, better value, and more opportunities for innovation, said Mr. Delfassy.
In the last year or so, the information technology industry has been unable to ignore cities such as Chennai, Hyderabad and Pune with their alternative offers to Bangalore"s bursting at the seams infrastructure. A.communications technology improves in smaller towns, new centres are being set up in places, such as Coimbatore, Jaipur, and Bhubaneshwar, employing talent at lower wages than in Bangalore or the other big metros with an IT presence.
American / European firms continue to invest in India, re-affirming their faith in its rise as an economic power to be reckoned with. Despite, the terror attacks, India.companies stocks rose instead of slithering down the scale. A positive sign was the news from Indian IT
offshoreoutsourcingworld.com off-shorer / outsourcer Infosys Technologies indicating th.company"s first-quarter revenues of $660 million, had grown 38.7% over the first quarter of last year. A bit of news that saw Infosys shares rise by as much as $4.38 to stand at $82.39 tall. Othe.companies to see gains on the Indian stock market included Tata Consultancy Services, Satya.computer Services, Hindalco, and ITC.
The world has finally begun to sit up and take notice. It has realised India is a country that not only has the strength, but resilience as well, to absorb minor and major shocks without the miss of a heartbeat. It wastes no time in indulging in tears and brow-beating, it simply picks itself up, dusts off the pain and horror and begins life determined it will not give in to fear. The hands of terror fail and always will fail without being able to prevent it from attaining its economic goal. It is the years of experience in coping with daily terror strikes, due thanks to the British, who in a fit of pique at being asked to release the jewel from the crown, split it asunder into 3-pieces i.e. Pakistan, India, Bangla Desh. British pique that is responsible for India facing the grim consequences of a divis
