3 weeks ago

India's Next Innovation Frontier: Building for the World

India's Next Innovation Frontier: Building for the World
Next innovation frontier: Building for the world · financialexpress.com

An important businessman in India named Harsh Mariwala wrote an essay about how India can grow stronger.

He says India has already made lots of useful apps and websites for people at home.

Now, he thinks India should build bigger and smarter things for the whole world.

He wants Indian inventors to create their own new technologies instead of copying others.

He talks about four big ideas: recycling plastic, building robots and computer chips, helping farmers grow food in a changing climate, and making healthcare cheaper and better.

India is already one of the top 40 countries for new ideas, according to a global list.

But India spends very little money on research — under one percent of all its money.

The author says India needs to be patient and let good ideas grow over many years.

He believes if India works hard on science and big challenges, it can become a world leader.

Key facts

Author
Harsh Mariwala
Author Role
Chairman of Marico and founder of the Marico Innovation Foundation
Core Argument
India should build in India for the world, creating its own IP and mastering deep tech with industrial discipline
Innovation Frontiers
Circular economy, deep tech and hard engineering, agri-tech, and inclusive healthcare/med-tech
Global Innovation Index Rank
Top 40 (World Intellectual Property Organization)
Research Expenditure
Under 1% of GDP
Required Conditions
Patient capital, industry-academia partnerships, support for bold long-term ideas

Sources

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