Silicon Valley of India

India has a booming high-tech sector, but, like China, hasn't come up with an original name. India's own "Silicon Valley" is a $76 billion sector, according to Indian I.T. trade group, NASSCOM. With 500 start-up companies, India has emerged as a booming software hub, thanks to firms such as Zoho, which offers online web applications that compete with Microsoft Office and Google Docs.

Credit: AFP