Q. Which of these are you most excited about?
A. Given everything that is happening in the ecosystem with the electronics policy on the horizon and the electronic development fund which is comprehended within the policy, we are expecting that a lot more design will happen in India over the next decade. And that will be from small start-up companies that will come up focusing on IP and products, as well as other Indian companies that will expand their presence in India and do more design. Currently, majority of Indian companies are mostly importing stuff that is manufactured elsewhere, branding it in India and selling it. We expect that focus to shift with more design and manufacturing happening in India.
Q. We have a lot of start-ups coming up in India who do chip design and system design. Has Cadence taken any initiatives to get to these cash-strapped markets?
A. Yes and I am hoping that through your channel we can reach out to a large number of aspiring entrepreneurs out there. If you are thinking of doing anything in the space of electronic design and you are an entrepreneur or start-up, I encourage you to come and talk to us. Cadence has always been very flexible and innovative in supporting start-ups and coming up with business models that address their needs by helping them to get off the ground and be successful.