Typically, there are a few niches, and everybody sees they are growing more rapidly, and so they jump on these niche markets. And all of a sudden they are no longer niche markets, and there...

The major trend is globalization. A new world order is rapidly emerging.

The losers often are heterogeneous patchworks of many small companies acquired during the irrational exuberance in the late ’90s.

The Indian companies all want a foothold in the West so they can claim they are operating under Western regulations and have Western intellectual property rights.