22 Dec 2021 Human creativity is a natural, infinitely renewable resource, and it is coming up with smart, affordable solutions to people’s biggest problems, transforming adversity into opportunity, turning something of seemingly low value into something highly valuable. Frugal innovation is about creating advantage out of constraint. Faced with scarce…
Search Results For“innovation”
India’s Innovation Landscape
14 Oct 2021 The Global Innovation Index (GII) assesses the performance of 132 countries on seven parameters viz. institutions, human capital and research, infrastructure, market sophistication, business Sophistication, knowledge and technology outputs and creative outputs. CII is a founding knowledge partner of the GII and has driven innovation in Indian…
Budget boost for Science, Tech and Innovation
02 Mar 2021 Science, technology and innovation are the bedrock of a knowledge economy. The strides we have taken in these areas thus far have largely contributed to the success of the healthcare management during the Covid-19 pandemic. Taking cognizance of this, the Union Budget 2021-22 emphasised on strengthening the…
India in Top 50 Innovation Economies
15 Sep 2020 The collective cognitive ability of the human race has led to its evolution. The constant spirit to innovate is key to the species’ success. Today, more than ever, countries are striving to create an equitable ecosystem for innovation. India has made tremendous strides in this direction. This…
A Scoop of Ice Cream Innovation
27 Mar 2020 Iced cream, better known as ice cream is a dairy product that is witnessing an evolution in the recent past. Growing urbanisation, rising disposable incomes, growing desire for indulgence treats, and changing customer preferences are the factors contributing to the rise in demand for ice creams and…
Tech Innovations have the Potential to Transform Agriculture Production
31 Oct 2019 When one talks of technology, one usually thinks of computers aiding manufacturing processes. In India, we usually do not associate technology with the agricultural sector. But things are changing. Soon we will witness innovative agri-technology transforming the sector, which even though it employs half of India’s workforce,…
Innovation – The New Economic Catapult
22 Feb 2019 In today’s world, businesses have only two choices: Innovate or perish. Some startling facts buttress this theory: only 12% of the Fortune 500 companies (ranked by total revenues) from 1955 were still on the list 62 years later in 2017. The others have either ceased to exist,…
Innovation Takes Off in India!
29 Dec 2018 Creations of the mind are not just personally satisfying. Creativity drives Intellectual property (IP) and contributes to economic growth as well. Inventions, literary and artistic works, designs and symbols, names and images are all used by businesses for boosting their growth. IP is protected in law by patents, copyright…
FinTech innovations to drive financial inclusion
21 May 2017 The traditional banking system is undergoing a much-needed digital transformation with changing customer requirements, the need to include the ‘financially excluded’ segment and simultaneous competition from incubators. As an emerging market, the huge untapped financially excluded market in India has space for all—legacy players and incubators—to grow,…
The Materials That Will Shape India’s Future
Building Resilient Value Chains for a Competitive and Sustainable Economy As India accelerates its journey towards becoming a global manufacturing powerhouse and a leader in the clean energy transition, a new strategic imperative is emerging—the need to secure and build resilient value chains for advanced materials, critical minerals, and strategic…