In the heart of California exists a strip of land known as Silicon Valley. A mere 50 sq. km in size, this area gets its name from the silicon chip innovators and manufacturers that first set up shop there, decades ago. Today, the name has become a metaphor for high tech business and is home to over 4000 companies that, hold your breath, generate over 200 billion dollars.
Today, in the third millennium, driven by brains such as Rakesh, Silicon Valley is already emerging as the crucible of ideas for the New Economy. Want proof? Here it is. A recent study of 2,000 start-up ventures in Silicon Valley showed that about 40% are headed by Indians. Now, hold your breath again. Over half of these Indians have passed out of the seven engineering colleges that are together known as the Indian Institutes of Technology or, more popularly, the IIT's. In fact, the IITians (as graduates from the IIT's are called), have become the most influential fraternity in Silicon Valley, heading companies that are building cutting-edge technology.
Even more importantly, the success of the IIT's is not restricted to Silicon Valley. Around the world, across diverse industries, IITians occupy very important positions, as the following list shows.
Today, in the third millennium, driven by brains such as Rakesh, Silicon Valley is already emerging as the crucible of ideas for the New Economy. Want proof? Here it is. A recent study of 2,000 start-up ventures in Silicon Valley showed that about 40% are headed by Indians. Now, hold your breath again. Over half of these Indians have passed out of the seven engineering colleges that are together known as the Indian Institutes of Technology or, more popularly, the IIT's. In fact, the IITians (as graduates from the IIT's are called), have become the most influential fraternity in Silicon Valley, heading companies that are building cutting-edge technology.
Even more importantly, the success of the IIT's is not restricted to Silicon Valley. Around the world, across diverse industries, IITians occupy very important positions, as the following list shows.
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