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Pulakit Bararia
Founder Snippetz Lab...Ā ā¢Ā 10m
India is a tech powerhouse, so why donāt we have our own Bose or Teenage Engineering? Weāre great at making budget-friendly gadgets, but where are the premium, world-class brands? The problem isnāt talentāitās how we think and invest. Barely any R&D: India spends just 0.6ā0.7% of its GDP on research. Compare that to global leaders, and itās no surprise we lag in innovation. Cheap over quality: The market prioritizes affordability, so companies focus on cutting costs instead of creating groundbreaking products. Investors play it safe: Funding goes to quick, low-risk ideas rather than bold, long-term innovation. Lack of high-tech infrastructure & skills: We have engineers, but not enough facilities or training in advanced product design. If India wants to move beyond budget electronics, we need a mindset shiftāmore R&D, bigger bets on innovation, and a focus on quality, not just price. The potential is there. Are we ready to take the leap?
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