Lone, Irtif
India: Growing market of innovations - Kurukshetra - 69(7), May, 2021: p.12-16
Innovations are driving the economy across the globe. With India being one of the fastest growing economies across the globe, it is positioned as an important destination for innovation. Over the last few years, it has jumped the ranks and stands today at 48th rank among the 131 economies in the global innovation index. With a huge market available for scaling up of the innovations, the push to the Innovation sector in India is huge both from the government as well as the private players. Major corporations across the globe are opening up their research and development centers in India. The government is focused on creating innovation and incubation labs. However, a lot more needs to be done before an India positions itself in the top ten economies in the Global Innovation Index. – Reproduced
India: Growing market of innovations - Kurukshetra - 69(7), May, 2021: p.12-16
Innovations are driving the economy across the globe. With India being one of the fastest growing economies across the globe, it is positioned as an important destination for innovation. Over the last few years, it has jumped the ranks and stands today at 48th rank among the 131 economies in the global innovation index. With a huge market available for scaling up of the innovations, the push to the Innovation sector in India is huge both from the government as well as the private players. Major corporations across the globe are opening up their research and development centers in India. The government is focused on creating innovation and incubation labs. However, a lot more needs to be done before an India positions itself in the top ten economies in the Global Innovation Index. – Reproduced