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CALIFORNIA, USA, June 15, 2002: Indian entrepreneurs in Silicon Valley say they have done what their homeland could not: raise respect for itself. At an annual conference Friday put on by the Indus Entrepreneurs, speakers talked about how expatriate businessmen are helping transform the subcontinent’s rigid, closed economy into a success. “India’s struggle for economic freedom started in the Valley,” Narayan Murthy, told the morning crowd of 2,400 investors, entrepreneurs and others hoping to tap into the powerful business network in Santa Clara. Founded in the Valley in 1992, the group now has 38 chapters and 8,000 members worldwide. Murthy, chairman of Infosys, a software services company, compared Indian entrepreneurs living abroad with Mohandas Gandhi, who began his peaceful struggle for India’s independence from Britain while in South Africa. Likewise, Indian expatriates are bringing jobs and new ideas to their ancestral land. Even as it expands, the group hopes to maintain its distinct identity, for example with its mentoring program.

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