Making ‘In India, for India’ Work

Abstract

Interest towards “In India, for India” innovations is rising, driven by growing size of the market. Also, there are millions of un-served end-users for whom existing products seem neither relevant nor affordable. Research and development (R&D) in India has undergone a major transformation. Earlier, it was dominated by Government-funded and Government-run institutions that are part of networks like Council of Scientific and Industrial Research (CSIR) and Defence Research and Development Organisation (DRDO). Today, the focus of R&D has shifted to the more than 850 multinational corporations (MNCs) that have R&D centres in India, employing around 500,000 highly-qualified scientists and engineers. Many of these professionals have returned to India with advanced degrees and after working in the best global institutions and corporations. Read more at: https://www.thehindubusinessline.com/news/variety/making-in-india-for-india-work/article23090173.ece