$499 iPad too expensive? How about 35 bucks?

That's the alleged cost of a touch screen computer being proposed by the Indian government. They are now looking for a manufacturer for the device which has no hard drive but runs on a memory card much like a cell phone. Also, it's solar powered. We've been down this road before with India, they've brought out a ten dollar netbook prototype that never got built. But if they can pull this off it would obviously be significant. It was developed at the Indian Institute of Technology and the Indian Institute of Science.

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John Moe is the host of Marketplace Tech Report, where he provides an insightful overview of the latest tech news.

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