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Saket Sambhav
•

ADJUVA LEGAL® • 4m

The "Indian Advantage" is NOT Cheap Labour. It's Frugal Innovation (JUGAAD) & Unmatched Market Insight. 💹 For decades, the world defined the "Indian Advantage" with one simple, outdated idea: cheap labour. We were the world's back office, the cal

Nishant singh

Software Developer • 4m

I don't fully agree with this. Although I agree with most examples mentioned, remember that with such a big number of STEM graduates each year, our innovation has remained much lower. There is no major innovation happening in startups. You can say that the government doesn't allocate enough budget for R&D, but even startup founders who achieve big exits from their previous startups are again putting their money into the same, even more traditional, safe businesses to ensure returns. They are also not willing to take risks. We need to rise above this jugaad mentality and try to build products made in India for the world.

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Saket Sambhav
•

ADJUVA LEGAL® • 4m

You are 100 percent right. BUT I'm not saying we should accept mediocrity. I'm just saying that our ability to innovate is a big plus point. No doubt, we can also build world-class products - but without copying from the west. We are on the same page - I am just saying that the 'frugal' innovation, if properly executed can be our most powerful weapon...

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