 If you're blue, and you don't know where to go to, why don't you go where Corbin sits on your mom's face? Back to our stupid rags, we needed some Corbin. He sits on your mom's face. You can follow us on Instagram, Twitter, from where juicy it comes. It's so juicy. You can follow us on Patreon, Facebook, and Twitter. Why do I feel like there's some little kid who turned to their mom right now and went, does he really do that, mom? Yes, son. Today we were reacting to a video. It's called India is Becoming Its Own Silicon Valley. That was true. We already knew that, so we didn't really need to watch it. Thanks. Bye, everybody. That was great. Great video. Great video. Thank you. Thank you for stopping by. This video is about how times have changed in India when NRIs are coming back to India to become entrepreneurs and how Bangalore is becoming one of the world's next Silicon Valleys. Remember, I've heard about that. I believe that is correct. One, it's cheaper, but India is obviously taking advantage of that. Right. Most tech companies have some established part of their business in India. Right. Because it's cheaper than it is, obviously, to do it in America. And a lot of the top engineering minds are in India already. Because of the importance that India obviously puts on that. Yeah, and thankfully it's expired now, but the former president had done a thing where he was stopping the entrance of the entrance of visas of some of the engineers that would come who specialized in that kind of thing because there was this fear it was taking away from American jobs. Because, you know, it always makes sense to give jobs to less qualified people just because they're American. It's kind of like giving jobs to people just because they're white, you know? Yeah, I've never heard of the previous president. Here we go. Very typical Indian music. So what does telemarketing do? Tell you product over, telephone, social graces. What are social graces? Good morning. Thank you. You're going to do the inbound call of me, you say? I'm calling you on behalf of Helik. My name is Dasha. Have you ever been to telemarketing? How may I help you? Good morning. Welcome to Dr. Wellness. My name is Krishna. How may I help you? Okay, straight up American accent. This is a call center in Bangalore. Call centers were among the first outsourced tech companies to appear in India. Yep. And they're still here. Good morning. This is Krishna. How may I help you? Wow, straight up great. The location of BFW in Bangalore. Call center work has been outsourced from America to India for decades, but this call center is different because many of their clients are actually Indian. When we actually looked at the growth of India, there were a lot of domestic companies that were actually, you know, that were, you know, growing. You decided to do just the domestic market, just companies that are in India. Correct. So that actually did wonders. The fact that Transact Global has found success by serving largely its own market is an indication of just how far the market has come. India's IT sector has evolved so far out of its call center beginnings that it's now a $150 billion industry. This is the corporate headquarters of Emphasis, one of the biggest IT services firms in all of Bangalore. Why did India emerge in Bangalore specifically as sort of the site for this kind of growth? We've always had in India a fairly large STEM population, right? We've had a history of mathematics and science and engineering and medicine. Back in the 80s, IBM was launching a PC, Microsoft was launching the desktop operating system and computers were going mainstream. So there was an opportunity for the Indian talent to be taken to where the work was in the United States as telecom infrastructure became more stable that led to this development of the offshore services. That provided a much faster way of life of it because if you can do it pretty much 24 hours a day and then came Y2K. What was the problem with Y2K that India hasn't fixed? The problem was the Western world had written programs that couldn't handle zero, zero at the end. There was so much panic in 1999. That's the year 2000. Some members of Congress are worried that the computer glitch will lead to dangerous problems on the world's infrastructure. That's why a lot of our Indian companies that were re-undermissing showed the world that they were able to fix problems and do it in a way that it can actually afford. And over the last 25 years, this has become a massive hub for global companies to build software that essentially owns the world. Indian tech workers are a worldwide phenomenon. With 850,000 entering the global workforce every year, a primary source of this talent are the country's 23 Indian institutes of technology. They're among the most competitive engineering schools in the world. The ITs were set up in the 50s as institutions for engineering education and research modeled after MIT and Cambridge and other things. So this is India's sort of best and brightest engineer. People get in here and after they finish their undergraduate, I mean they're sought after by all kinds of companies, Google, Facebook, the banks. What are the most sort of popular or competitive programs? Computer science. Nerds. Nerds that are part of the nation. Stupid babies in there for sure. These kids all scored the best on the entrance exam. So even better than everyone at IIT, these are the kids who are the best of the best. What is it like teaching them? Do you think one of these kids is gonna like maybe do something? But it seems for some of these kids, their dream is no longer to work in the US. Instead, they prefer to innovate right here in India. There is an inherent sense of wanting to contribute to India's GDP. And there's a lot of emphasis on entrepreneurship and starting one at home. This push towards entrepreneurship has become the primary focus as basic software engineering skills are no longer enough. In response to this shifting landscape, a number of startup incubators have sprung up to nurture creative ideas out of mathematically built lines. Science and technology are the backbone of Indian education. But if you want to go from a back-end coder to a front-office visionary, you got to learn how to sell. So I've come to an incubator for startups called Commencement, which coaches would be disruptors in the art of the pitch. How important is the pitch? Pitch is the moment of truth. Just having an engineering degree is not enough. If you're going to build the business builders and new job creators of tomorrow, they have to think about the world as a market. IIT. Hello. Hello. IIT. Graphs are known to you both. We're coming from a company called Ocean Water. Fix my gadgets. Net a bag. Change pay. You know, a lot of gadgets are getting introduced to India. Okay. So how we are actually, we are creating a basically a customer convenience through this web portal. We just both want you to walk to where you can understand how to pay using change pay. Welcome to Paradise Hotel. I would like to stand here for two days. Sorry, I don't have money. Do you accept change pay? Yes. I would love to work on that. You do this all the time, right? Right. What is sort of common about this sort of shortcomings and how people tend to pitch ideas like this? Yeah, I think it's the big one is how do you tell a story? This is what you get from people who are not too much. They've been an expert in delivery projects, making products in a very corporate environment. But I think we have to also come up with a solid business model which is innovative. Hello. I'm from Music Money Labs. I'm Gopal. We are a music technology company that teaches case music education. It works very simply. I mean, you just put it in front of you and it starts singing. And it tells you if your frequency is off or if you're off the beat. We show you detailed breakdown of how can you improve and you can track your progress over time. Even in India, you have so much diversity in music and my motivation is to build digital infrastructure for the Indian heritage. This is cool. That's cool. Very, very culturally Indian things becoming potentially like a global Indian product. But also it takes a non-music person to figure out a new way. To do music. To do music. Yeah. But it didn't take a very social sector work to figure out the social network. Yeah, you're right. It's exactly. Since the stars are designed as you can see. For many of these would-be entrepreneurs, the hope is to one day join the fast-growing list of Silicon Valley-sized success stories who make up much of India's nascent venture capitalist culture. I'm at a golf club in Mumbai and I am playing around with one of the top VCs in the country. He's been named one of the 50 most influential business people in all of India and he's funded some of the most successful online ventures that this country's ever seen. So what was your big like first success back in India? Good. Sitting in my office met one of these sort of fellows who does the traditional matchmaking. Or like arranged marriages. Yeah. It occurred to me that why not put this stuff up on the internet. And so that idea was born and we started out with shoddy.com. There you go. What were the next investments that you made? About 2011. I met a young guy called Baalish and he was looking at raising some capital for an on-demand cap service through your app. And so I wrote him a check in 2011 and today of course the company is worth close to five billion dollars. Wow. Would you say that the texting in India is at an inflection point in any fashion? Indians are faced with blood and given the cultural advantages that India has in many ways I think it's a formal conclusion that Indians will drive the coming tech revolution. You're already seeing it. As India's tech sector growth has sophisticated its entrepreneurs are becoming more ambitious. Driving development aimed at saving our lives and the environment. Oh wow. I didn't like an operating room. Oh I can actually see my arm. It's brown because we're in India. Yeah. You can do the complete advanced caveat like a protocol. And you really feel that you're doing it. Oh my god. That's a thing. That's a real thing. That's a real thing. Yes, yes. That's amazing. While many technology companies here are focused on serving the world's economy I come to the garage of a ultigrain. A startup that's trying to take a hands-on approach at solving some of India's problems. In India there are 1.2 million people dying early every year because of poor air quality. So what do you guys do? We allow people to check their existing vehicle bring it into our place convert it into a hybrid at a thousand dollars saving 25% in fuel and 25% in emissions. Sure. I mean are you trying to come to America? No. Tesla is still selling 100,000 dollar cars. That doesn't work for India. What we're doing here is we're democratizing the use of electric technology. Entrepreneurship is exploding here with over 5,000 verified startups currently operating nationwide. Projections are so good in fact that the blue chip prospects who originally left India to succeed in America are beginning to return. I understand that most of you guys studied in the US or lived in the US at some point and tell like why did you come back? Look at populations in India, right? You're building something that could potentially be used by a billion people and it's a lot like a while where the rules are being made. Bangalore is a very very common problem now. There are people from not just all over India but from all over the world who live abroad and come back. I had a job opportunity from Google New York but I met some really nice people in Bangalore at that time and I thought why not give it a shot? So you gave work here at Google to come back and you will start to give in to the increasing amount of anti-immigrant feelings in the United States so that could contribute to your decision to move here. From coming to power has not been good for anybody and I think that is correct. I agree with you. So the rules. Well guys, to Bangalore, we're coming home. Bang is unmaven. To many the future of technology doesn't lie in Silicon Valley but in places like Bangalore. Recent evidence suggests that this is already happening as emerging economies like India make up almost 60% of global GDP according to the IMF. Opportunities about software where all the value addition lies is now a calling card as a country. Bangalore has to be primed to emerge as a global leader in tech. With its nation's investment in education and innovation paving the way for a potential overthrow of Silicon Valley as the center of the tech universe. I think Bangalore would ever overtake Silicon Valley as the center of engineering production. Yeah, good. What Bangalore's got going for it is the scale of India. It's like 1 billion feet higher. So even if you got like 1 out of 2,000 being engineers, you got a large population to pick from. Yeah. While the US and Europe continue to be the leading spenders, the center of gravity of the global economy is seen to be moving east. How did you guys like found companies? When I was 10 years old, I was very curious in electronics and technology. So I developed a drone which can detect and destroy landmines. Dang. Cool. Consequently, Asia will account for at least 25% of global ER&D spend before the turn of this decade. And that defines the age that we live in. And I want to congratulate all of you who have made this possible. The fastest growing segment in the entire IDP industry. Yeah. 100% believe that. I would have believed even before I saw the video. Yeah, I would too. And I think it's... Silicon Valley will always be known as the place where technological innovation was born. But I believe the future of it is absolutely going to be here just in the same way that like cinematic innovation began here. But it's... No. And it'll be very quiet. There'll be a lot of people in America who think Silicon Valley is still the central point. And when they actually look at it, they'll realize, oh, it's bigger in India, just like motion pictures. Yeah. And it makes sense because obviously the importance that India has put on education, specifically being an engineer, especially a computer engineer. And obviously that does also come with some problems with the pressure that a lot of people do to put on. But you just have all the great minds, like my brother-in-law, he's a doctor. I think he might be an industry geologist or something in that range, right? Right. And he said, we were talking one day, I'm like, you have a lot of Indians, I'm sure you work with. And he says, yeah, in every industry, there's underrepresented people. And he's like, in doctors, Indians are not one of the underrepresented people. Correct. And that's also goes for engineering. Yeah. Because the importance that they place as a culture on being a doctor and engineer. And so they're just good at what they do. Their minds think in technology. And think technology, math and science. Yeah. And man, let me tell you, that idea for the conversion of an engine to be a hybrid for only a thousand bucks for any engine, that is spectacular. Because he asked him the question and it's an absolute answer when he said, is this your way to compete against Tesla? And he said, of course not. Nobody here can afford a Tesla. They're still selling their cars for $100,000 a pop. Yeah. For a basic Tesla. Yeah. And you got to wait two years. Yep. No, that's not the answer for the common vehicle, especially in India, where it is an issue. I love that invention. I also love the app. I guess it's an app or whatever the programming is for the music. Oh yeah, that sounds really cool. Love that. Yeah, really great. Vice usually always says really good stuff. They're a good channel. They do a lot of in-depth, either documentaries or stuff like that. I like them a lot. Yeah, this was great. Great video. Great video. And if you were in this video, I'll just note down below because there were a couple of stupid babies. Yeah, or DM us on Instagram and Twitter. Let us know. Hey, we were in the Vice video. Let us know down below. Thank you.