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Innovations 2010 My Take

This is a repost from my wordpress blog. I am planning to shut that down. On Saturday January 9th, 2010, IIT Bombay Alumni Association's Pune chapter organized its annual Innovations conference. It was held at the Devang Mehta auditorium in Persistent Systems campus, and needless to say it was extremely well organized; starting with the registration, every detail was covered and numerous networking opportunities were provided. The event was kickstarted with a keynote by Sanjay Nayak, CEO of Tejas Networks , which is a Bangalore based optical networking startup. Tejas, which has been around for the last 5 years or so, is profitable and has revenues close to $150m. That is quite an impressive feat from an Indian high-tech startup, selling products from India worldwide. It is also a shining example to the naysayers who keep on saying that Indian product companies cannot sell products in the US. I hope that more people follow Tejas' lead and venture into the space.