While Indian Outsourcing was turning from a boon to a curse in the west considering the public outcry over it; the focus of the world was on the call centers and the BPO industries in India that they believed were taking over a lot of the jobs from the west. And in the mean time India turned into a powerful R&D machine. This somewhat has caught the west unaware, and is bringing these sparks of genius that are making us Indians proud. Today, I would like to bring ahead another such an innovation that is sprouting out of India.
After phones and laptops, it’s time for plasma television, video game consoles and DVD players to learn to link up without wires. Vishal Chandra, the 29-year-old chief executive of Virtual Wire Technologies and his colleagues from the Indian Institute of Technology, Delhi, (IIT-D) say they are two years away from developing a new generation of chips that will provide a wireless link from the sleek television set mounted on your drawing room wall to the desktop computer in your study, all within Rs2,000 or <AED 200.
Although Wi-Fi networks and Blue-tooth-enabled devices are smart enough to swap music and messages among terminals, they aren’t robust enough to stream high quality video signals. Imagine streaming the goofy video you recorded on your phone of your friend, that you wan to stream to your new 53 inch LED TV and have a laugh over, or even try streaming YouTube videos to your new TV for that matter. Today, with some of his college mates also on board, Chandra is keen to turn the clunky prototype he has developed into a thumb-sized chip that will power wireless broadband routers, set-top boxes, DVD players and game consoles.
The product has a competitor in the United States called Sybeam, but considering the adoption of technology these days looks like there is enough space for both the products. Creating a table sized transmitter received pair for the moment, they hope to miniaturize the chip to almost something that will be within a TV invisible from the user.
But while his firm has enough on its hands to see it through until the development of the chip, it will need another $10 million (approx Rs45 crore) to produce the chips on a large scale and commercialize the technology. Chandra doesn’t expect venture capitalists to be lining up to fund his product. “If I launched a services company or a travel portal, funding would be easy; but Indian venture capitalists are generally cagey about investing in homegrown product start-up companies,” he rues.
His hopes once again rest on the government to carry his innovation forward. “When the CSIR funded us under their NMITLI (New Millennium Indian Technology Initiative) programme, we were among the highest recipients of their funds,” he says. “So if they believe in us, we could get more funds from them.”
More about Virtual wire at their site : http://www.virtualwire.in/
This post uses a lot of information from the below link. However in the mean time I am trying to get in touch with Chandra and his team for an interview. Lets hope I can get one.