This buoyancy makes us hope we'll proudly overshoot our targets, though we don't want to revise the official target.

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The IT manufacturing industry is glad that anomalies of inverted excise tariff structure for the computer manufacturing industry have been addressed. It will also encourage manufacturing of high-end products such as notebooks and servers.

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In the 1980s prices came crashing down to 10,000 rupees, a plethora of cable networks arrived with channels in local languages -- that's been put to use in the information technology revolution now.

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Even until a few years back, replete with infrastructural deficiencies like inadequate water supply, power and poor roads, Indian could have hardly hoped of becoming a destination for manufacturing something as hi-tech as a microchip anytime before decades. But now as India witnesses an explosive consumption of electronic goods and equipment, this market has become too big to ignore.

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There's a lot of learning from the television revolution.

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