The recent rush of VC funds in India would have most entrepreneurs salivating. However, not all ideas are up for grabs.

Vineet Buch, a venture capitalist at BlueRun Ventures gives his take on what looks promising in India in 2006.

In the list are more consumer Internet initiatives, mobile value-added services, component manufacturers, fabless semiconductors, clean technology and ofcourse good old software services with a sprinkling of products.