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Our Bureau

New Delhi , Dec. 6

The Microsoft Technical Computing Vice-President, Mr Tony Hey, has said that for Indian IT companies to emulate global giants such as Microsoft, there has to be a much stronger intellectual property regime in the country.

Commenting on the R&D spending of some of the global IT companies' vis-à-vis the Indian companies, Mr Hey said that as Indian companies would grow more mature, they would be able to increase their R&D spending similarly to their global counterparts.

However, Indian companies will not be able to grow if they merely continue developing software for multinationals.

Speaking on the sidelines of a three-day seminar on R&D organised by the FICCI, he added that for the Indian IT majors to become at par with leading global IT companies, it was just a matter of right technology.

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