India: The World's Secret Silicon Valley

For many firms, developing new products for consumers around the world is the most visible manifestation of innovation - the "real deal." But many people still see India as a place where other people's ideas are made or executed and not where innovation begins. (After all, you don't hear about an Indian equivalent to Google, iPod or Viagra.) But they're wrong. In more than 600 captive research and development (R&D) centers across India today, corporations are designing and building amazing new things.