SO PAPA DON’T PREACH (On Defence Offsets) “We have the “once-in-a-century” opportunity to get it right when it comes to changing how we buy defence equipment.” Honourable Diane Finley, PC, MP, Minister of Public Works and Government Services, Announcing the Defence Procurement Strategy, Ottawa, Ontario, February 5, 2014 The High Tech Forum on Defence Innovation, […]Read More CANADA FIRST!
Lenin could have asked “What Is To Be Done?” indeed. Many industries in India are under stress because of Free Trade Agreements and cheap imports. Since the aim is to upgrade Indian industry and make it internationally competitive, rather than hike tariffs, all efforts should be made to reduce transactional and input costs arising from […]Read More Para-interpreting Lenin’s famous “What is to be Done?” when Faced with Cheap Imports
ET & other papers carried great news, that the vibrant, beautiful Indian textiles industry had become internationally competitive, increasing market share globally, attracting FDI, and benefiting from the domestic Technology Upgradation Fund Scheme (TUFS). This proves that targeted joint industry-State action, especially one which focuses on technology upgradation, can yield great results. It also belies the […]Read More Brighter prospects for an Industry that stuns with its versatile, unique and beautiful products
High-tech SMEs in the Indian “brick and mortar space” The other day, a small, high-tech Indian firm informed us of the Kafkaesque obstacles it was facing in winning an order from a Public Sector Undertaking (PSU) for a path-breaking technology – because… Procurement rules in our country insist that an SME selling a new high-tech […]Read More Catch 22 or Kafkaesque Nightmare
Until this happens, India will never get out of the morass of shrinking manufacturing sector, low-end exports with relatively low value addition, and falling global competitive advantage. Product Nation is also actively working towards creating Indian products and IPR. ‘Indian companies need to focus on IP creation’ Money quote: The “dream of exponential gains will […]Read More More Indian companies are realising the need for IP creation
“IIT-Kharagpur sanctions Rs.1.45 crore for green technology; West Bengal,Science/Tech, Tue, 11 Feb 2014IANS Kolkata, Feb 11 (IANS) In a bid to encourage its students to develop green technologies for the campus, the Indian Institute of Technology Kharagpur has sanctioned Rs.1.45 crore under its Innovation Challenge Grant.” “16 tech startups selected for Microsoft Ventures Accelerator Program’s latest […]Read More Some good news too…
This persistent decline in the share of manufacturing in our GDP has to be reversed. Shrinkage of the manufacturing sector is totally incompatible with the goal of a high-tech India. “India’s industrial output shrinks by 0.6% in December 12 Feb 2014 India’s industrial output shrank by 0.6 percent in December, official data showed Wednesday, […]Read More India’s industrial output shrinks by 0.6% in December