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Home > News > Venture capitalist Promod Haque is upbeat on India

February 19th, 2006

Venture capitalist Promod Haque is upbeat on India

You could call it Haque's winning formula. Counted among the world's top-notch venture capitalists, Promod Haque is on a mission to India to help set up twin development labs in US and India. Norwest Venture Partners' general partner is currently persuading the US government to invest about $ 500 million to $ 750 million in the labs. Expected to see the light of the day in about 12 months, the labs will be focussed on "state-of-the-art non-controversial areas" like nanotech, pharma, alternate energy fuels, online security and semiconductors.


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