Dismiss Notice
Welcome to IDF- Indian Defence Forum , register for free to join this friendly community of defence enthusiastic from around the world. Make your opinion heard and appreciated.

India tops Asia in innovation chart, third biggest globally: Report

Discussion in 'World Economy' started by Kalmuahlaunda, Dec 15, 2016.

  1. Kalmuahlaunda

    Kalmuahlaunda Lieutenant FULL MEMBER

    Joined:
    Oct 21, 2016
    Messages:
    576
    Likes Received:
    1,080
    Country Flag:
    India
    India tops Asia in innovation chart, third biggest globally: Report
    INDIA Updated: Dec 14, 2016 17:39 IST
    PTI, Mumbai
    [​IMG]
    The research has been done by Capgemini Consulting’s Digital Transformation Institute in collaboration with Fahrenheit 212 and in partnership with Brian Solis of Altimeter.
    India has emerged as the most preferred destination for innovation in Asia and third biggest globally, with ‘Silicon Valley’ of the east, Bengaluru leading the charge, says a research by global consulting major Capgemini.

    Bengaluru, which saw the opening of three new centres between March and October this year and an announcement by Apple to establish a startup accelerator, leads the Indian challenge on innovation and is ranked 5th hub at global level.

    Nine new innovation centres were opened in the country during the period, taking total number of innovation centres to 25. The US leads the list with 146 centres, followed by Britain with 29 and India is at third place with 24 centres.

    The report said there has been noticeable activity in tier-II cities when it comes to innovation, and added that apart from Pune, which already existed on the global map, Jaipur has also entered the list with two new centres.

    The research, done by Capgemini Consulting’s Digital Transformation Institute in collaboration with Fahrenheit 212 and in partnership with Brian Solis of Altimeter, said efforts taken by the government are the prime moving factor for emergence of the country in the list.

    Jaipur, Pune and Hyderabad each welcomed two new centres involving partnerships with government during the March-October period, it said.

    The number of active incubators in the country increased 40% to 140, with a bulk 66% of them in tier-II and tier-III centres.

    Global names, including Cisco, Qualcomm Technologies, general Electric 3M and London-based Internet of things consortium Hypercat have presence in the country today, the report said.

    The footprint in smaller cities was attributed to the IoT policy for 2016-2020 and the government’s startup India initiative launched early this year.

    With presence in Bengaluru, Hyderabad, Jaipur and Pune, the country accounts for 27% of Asia’s new innovation centres and is home to a tenth of new global innovation centres.
     
  2. sangos

    sangos Lt. Colonel SENIOR MEMBER

    Joined:
    Apr 25, 2013
    Messages:
    4,981
    Likes Received:
    2,564
    Country Flag:
    India
    Most of these 'innovation' centers are just offshore outfits of alien MNCs.
     
  3. randomradio

    randomradio Mod Staff Member MODERATOR

    Joined:
    Nov 22, 2013
    Messages:
    10,462
    Likes Received:
    5,481
    A lot of research is happening there. In fact, the surge in innovation centers is happening directly because of Make In India.
     

Share This Page