India's High-tech Sector Growth: Creating a Knowledge Economy

Along with the other east-asian countries such as china, india has recently been catching up with the global high-tech race. In fact, with highly-skilled employees, an ability to attract foreign direct investment and a series of post-1991 restructuring reforms, india seems to be on a fast track to high-tech evolution. The indian economy gets its fuel through the conscious attention of its policy-makers, as well as the efforts of its well-educated scientists and engineers. For an economy that has been governed by protectionism and heavy bureaucracy for so long, recent developments in india are quite impressive.keywordsforeign direct investmentventure capitaltacit knowledgeprivate marketskilled employeethese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.