India should build more global products: Bask Iyer, VMware

Indian IT firms need to move away from me-too products and create a high value product out of the country, says Bask Iyer, the chief information officer at software virtualisation firm VMware, where around half of its senior leaders are of Indian origin. “Everyone in India uses WhatsApp, but why do we need Silicon Valley to create it for us. It’s a $22-billion company. That’s the next thing, how many $22-billion companies can we create from Bengaluru,” says Iyer. “A lot of great companies worldwide are started by first-generation Indians, so why can’t we do it right here?”