There is no rumbling of change. The transition has not shown up in any statistic. But it has happened. India is innovating. It is genuine, it is grass roots, it has commercial value-and it is distinct from the jugaadwe are best known for.
Incubation centres of technical and management institutes across the country report a rise in number of innovations that have been commercialised. Applications for the Federation of Indian Chambers of Commerce and Industry's (Ficci) DST-Lockheed Martin India Innovation Growth programme has grown to 915 from 102 between 2007 and 2011-a nearly 800% jump in five years. Most of these have already reached the market.
To read the full, original article click on this link: Nine innovations that are likely to change lives - ET Slide Shows - Features - The Economic Times
Author: Kamya Jaiswal
