India: can it be the next power in product innovation?
India is constantly in the news, vying with China to be the next global superpower. We’ve already seen major acquistions and also talk of further large acquistive moves - particularly with Tata’s recent acquisition of Land Rover and Jaguar, and also news such as that of Indian consumer electronics company Videocon pursuing Motorola’s mobile phone business.
While news of acquisitions, tie-ups, and consolidation may be good for India Inc., will it actually mean anything for driving innovation? Or will the story continue to be an evolution of India’s past – of taking technology from other parts of the world and simply re-assembling it? In this blog/column ‘Nitin’s tech view’ aimed at Indian electronics industry professionals and eengineers, there is a perspective that says India now needs to move on and maybe drive innovativion rather than simply implementing ‘screwdriver technology’.. Click here to read the column.
Tags: electronics, India, innovation, Land Rover, products, Tata, Videocon