The best in Indian innovation 2006
Thursday, December 21st, 2006
In Bangalore, IT industry association Nasscom showcased the best in Indian innovation for 2006, with a focus on those companies that are driving business model and process innovation within the Indian IT industry. The ten companies nominated are eligible to win one of the Nasscom innovation awards that will be presented early next year in Mumbai:
“Ten homegrown companies including Elitecore Technologies, IttiamSystems, MIEL e-security, Monsoon Multimedia, Newgen Software, Pandora Networks, Strand Life sciences, Image analyzer, and MNCs HP Labs and Intel Technology, which are working on Indian market-specific products have been shortlisted for the awards. Around 160 companies took part in the innovation face-off this year of which ten have been chosen.”
More proof, perhaps, that India is turning into an innovation powerhouse that is creating and nurturing the types of companies that are capable of taking on the likes of Intel and Hewlett-Packard.
[image: Kiran Karnik, President of NASSCOM]
