One of the priorities of the new trust - which will be controlled by Mr Premji - is to establish a university in Bangalore to raise the quality of teacher training in India.

BBC: Wipro's Azim Premji makes $2bn Indian charity gift

Silicon Valley companies will have to outsource engineering and software work to cheaper places like Bangalore, Shanghai, Taiwan or low-cost university towns in the U.S. much earlier in a startup's development.

FORBES: Silicon Valley's Future

Amar Bhide of Columbia University, who has spent most of the past 18 months in Bangalore, is sceptical.

ECONOMIST: The place to be