ONLY IN INDIA

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Description: India made a strong alliance in the battle for economic growth when JP Morgan Chase & Co, the third largest US bank, set up a $2 billion fund focusing on infrastructure investments. With or without ongoing economic development campaigns in the US, Thailand, and Singapore, spending on India's roads, ports, and power from the cities of Chennai and New Delhi to Darjeeling and Calcutta may triple over the next five years. Despite economic development resulting from the US outsourcing proliferation that added approximately 400,000 customer service and information technology jobs in the country, India faces destabilizing problems: significant over-population, environmental degradation, extensive poverty, and ethnic and religious strife. Semlndia, one of the country's largest semi-conductor manufacturers, advocates technology to empower the country to move beyond its infrastructure woes. The company has been instrumental in bringing down the price of semiconductor products so that more Indians can afford computing and broadband communication.
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