Mumbai's Rajesh Jain, 41, founded Novatium, a Chennai-based company that makes NetPC. The machine is based on cheap cell-phone chips and without the hard- disk drive, extensive memory and pre packaged software that add hundreds of dollars to the cost of regular PCs. Instead, NetPCs are little more than a keyboard, a screen and a couple of USB ports - and use a central network server to run software applications and store data. Novatium sells the NetPC for only US$ 155.