Unlocking potential: India and its innovation journey

June 25, 2022 at 1:07 PM

Innovation has been embedded in the development of humankind since its inception. It has helped guide a new world order rooted in scientific and technological excellence and paved the way for the kind of discoveries believed to be unachievable a few years back. From the discovery of fire to the progress that we have made to develop vaccines in record times, innovation has helped to overcome the challenges faced by humanity. Even during the Covid-19 pandemic, the world started to explore newer options in terms of procuring goods and services – from groceries to education and insurance.

In this backdrop, India has seen considerable progress in recent times where technology or innovation hubs like Bangalore, Mumbai, Delhi, and Chandigarh, among others have helped enhance this new trade by showing commendable efforts in sectors like pharma, automobile, and education, to name a few. This progress has resulted from public-private partnerships, academic collaborations, and foreign capital, to mention a few, enabling India to register higher growth and emerge on top in sectors like pharmaceuticals and telecommunications.

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https://m.economictimes.com/news/economy/policy/unlocking-potential-india-and-its-innovation-journey/articleshow/92420931.cms