Brocade Communications (where Mr Malavalli is currently an advisor) has already set up a SAN (storage area networking) lab at the STPI-B premises and plans are currently underway to set up an incubation park to house fledgling companies operational in a number of emerging technology areas.
Speaking to the media, on the sidelines of the Storage Networking Summit in Bangalore, he said that the SAN industry in India is set for a takeoff.
A large number of players like Reliance who have put up large infrastructure frameworks are investing in areas like SAN, which will lead to an explosion in the market. But India needs to also quickly develop interms of investing in the right kind of set up, he said.
Also, Mr Malavalli said companies which are looking at promoting storage technologies also needed to work out a specific strategy for India especially with regard to licencing fees which usually tend to be high.
Interestingly, Mr Malavalli who is also a private investor and has pumped in close to $10 million into nine portfolio companies mainly in different areas including storage networking, disaster recovery, data provisioning, security, etc, is also looking at building collaborative bridges with the Indian software service industry in India. Both the software services industry and the storage industry need to feed each other. There is no hardware independent of the software. So collaboration between all technology sectors is essential, Mr Malavalli said.
In terms of his plans to work with STPI-B, he added that he was currently planning for a discussion with STPI-B and he was initially likely to partner with the initiatives more on the technology front.
However it is likely that he will participate in the incubation initiative on the investment front as well.
Incidentally, Mr Malavalli is the first Indian to have been selected for a nomination to the Silicon Valley Hall of Fame.