Is Indian industry innovative or adaptive? Does it have a world class product ? Can India become a super power without a strong innovation base? Are we a captive market for foreign innovators? What is needed to make India an innovative society.
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Is Indian industry innovative or adaptive? Does it have a world class product ? Can India become a super power without a strong innovation base? Are we a captive market for foreign innovators? What is needed to make India an innovative society.


India is blessed with a plethora of rural based resources which were buried under the avalanche of Modernity. They should be brought back and developed. Example is Kalankari paintings. Tanjore paintings.
That would be recycling, issue is innovation, rural or urban, idea has to be new and commercially exploitable globally like smartphones, solar energy modules etc.
That would be recycling, issue is innovation, rural or urban, idea has to be new and commercially exploitable globally like smartphones, solar energy modules etc.


How it's recycling? There are many avenues still unexplored both here and abroad. Making them commercially exploitable is possible with R&D.
That would be recycling, issue is innovation, rural or urban, idea has to be new and commercially exploitable globally like smartphones, solar energy modules etc.


How it's recycling? There are many avenues still unexplored both here and abroad. Making them commercially exploitable is possible with R&D.


R&D needs huge sums of money and returns are not guaranteed. This could be one reason that Indian industry avoids R&D and instead buys technology. Risk taking culture is absent in Indians to a large extent.
That would be recycling, issue is innovation, rural or urban, idea has to be new and commercially exploitable globally like smartphones, solar energy modules etc.


How it's recycling? There are many avenues still unexplored both here and abroad. Making them commercially exploitable is possible with R&D.


R&D needs huge sums of money and returns are not guaranteed. This could be one reason that Indian industry avoids R&D and instead buys technology. Risk taking culture is absent in Indians to a large extent.


I reiterate my earlier comment that you cannot have the cake and eat it too. If you want to be a leading exporter in any thing go out with full steam. If we lack risk taking culture, whose funeral is that?
Will capital come first or risk taking capacity come first? And from where capital come ?
Will capital come first or risk taking capacity come first? And from where capital come ?


It goes without saying that The government that wants to boost an innovative business has to invest the capital.
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