Back
Sairaj Kadam
Student & Financial ...ย โขย 9m
Why Indiaโs Tech Industry Thrives Globally but Lags in Domestic Innovation Indiaโs tech industry is a global giant, yet when it comes to homegrown innovation, it falls short. Why? Service-First Mentality: For decades, the focus has been on IT services and outsourcing for international clients, sidelining local product development. Risk-Averse Investments: Venture capital often prioritizes safer, proven models over bold, transformative ideas, stifling disruptive innovation. Limited R&D Funding: Indiaโs investment in research and development is modest, hindering advancements in cutting-edge technologies. Brain Drain: Many skilled professionals move abroad or work in service roles, leaving little room for domestic innovation. Cultural Barriers: A stigma around failure discourages risk-taking, an essential ingredient for groundbreaking innovation. The Opportunity Ahead Things are changing. Government initiatives in AI, digital infrastructure, and startup funding are paving the way for innovation. As experienced professionals return to India and public-private partnerships grow, the country is poised to turn its global expertise inward. India has the potential to lead not just globally, but also locallyโif it focuses on solving domestic challenges with the same intensity it applies to global markets. The question is: Can we unlock this potential before the next tech wave?
More like this
Recommendations from Medial
Only Buziness
Everything about Mar...ย โขย 4m
According to the World Economic Forumโs Chief Economists Outlook report, India is projected to be the primary driver of global economic growth in 2025 and 2026. This recognition underscores Indiaโs robust economic trajectory and its growing influence
See More
Siddharth K Nair
Thatmoonemojiguy ๐ย โขย 5m
Skyroot Aerospace Achieves ISO 9001 & AS9100D Certification Skyroot Aerospace, India's leading private space company, has officially received ISO 9001 and AS9100D certifications, marking a major milestone in quality and global compliance. While ISO
See More
Omkar Nath Nandi
15+ Years in Marketi...ย โขย 1m
Indiaโs Overdependence On US Tech Is A Risk, Warns GTRI; Hereโs What Needs Fixing https://www.timesnownews.com/business-economy/economy/indias-overdependence-on-us-tech-is-a-risk-warns-gtri-heres-what-needs-fixing-article-152799784 The domains http
See More
brijesh Patel
Founderย โขย 2d
๐ Indiaโs Deep-Tech Revolution Just Got โน500 Crore Stronger. The IIT Madras Research Park has announced a โน500 Cr Venture Capital Fund โ dedicated exclusively to deep-tech & high-science startups. This isnโt just another investment pool. Itโs Indi
See More
The OG
Let's change the con...ย โขย 1y
Global Digital Compact: advancing digital innovation in a sustainable fashion - https://www.thehindu.com/sci-tech/technology/global-digital-compact-advancing-digital-innovation-in-a-sustainable-fashion/article68732998.ece, For the best experience rea
See More
EVINDIA
Stay updated with th...ย โขย 4m
Ultraviolette F77 Goes Global โ Launched in 10 European Countries! Bangalore-based EV startup Ultraviolette has officially launched its high-performance electric motorcycle, the F77, across 10 European nations, including Germany, France, Italy, and
See More
Harsh Saini
Passionate Full-Stac...ย โขย 7m
India should focus on exporting service-based product startups in SaaS, AI, and fintech. With skilled talent and cost advantages, startups can build globally competitive solutions, boosting innovation and revenue. Moving beyond IT services, India can
See More
Account Deleted
Hey I am on Medialย โขย 4m
The U.S. leads the global tech scene with 690 unicorns valued at a massive $2.53 trillion โ more than China and the EU put together. Giants like SpaceX, OpenAI, and xAI are setting the pace. In this global race, India is rising fast โ with firms lik
See More
Download the medial app to read full posts, comements and news.