Market ripples

Motorola is to form two two separate joint ventures with Indian IT outsourcing groups, Tech Mahindra and Wipro respectively, to create mobile phone software and telecoms networks for other companies.

The move emphasizes both the transition in the role of the Indian firms from low cost service providers to partners in sophisticated ventures that requires complex industry expertise as well as the burgeoning growth in India's domestic IT market (Motorola's venture with Tech Mahindra, which will be called Canvas M, will serve Indian telecoms companies that want to outsource development of mobile phone software ).