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Innovation takes centre-stage at CII summit

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Bengaluru: The theme of the summit is ‘Realising the National Dream – Scaling local innovation’.

“Creating a vibrant start-up ecosystem in rural areas is the key to achieving the goals and more companies should move from the startup stage to small and medium enterprises stage and into global MNCs,” Gopalakrishnan, also the chairman of India Innovation Summit, said.

He praised e-commerce player Flipkart for achieving valuation worth billions of dollars after starting out on a small scale.

Gopalakrishnan said CII has come out with the tools and techniques needed for addressing the question of how to create a vibrant start-up ecosystem in tier two and three cities.

V. Manjula, principal secretary, department of information technology, bio-technology and science and technology, Karnataka, said India exploited only a fraction of its innovative capability despite being a nation known for its improvisation.

“There is a lot to accomplish and the silver lining is the demography of India,” said Manjula.

Manjula said the Karnataka government established a start-up warehouse and proposed to set up an innovation fund. The Karnataka government has also launched nine innovation centres for engineering colleges.

Mohan Sekhar, senior MD, Accenture highlighted on the need of frugal innovation and praised Tata Group for implementing it in some of its products.

He specifically focused on Tata Chemicals water purifier Tata Swachh for not using electricity and just rice husk for purifying water frugally.

“It is all about innovation, where ever you stay — whether in the Silicon Valley or anywhere else. Innovation is shaping the future of mankind and the future of corporate India and the Indian government,” added Sekhar.

The two-day summit, brainstorming on innovation, has scheduled panel discussions on ‘Make in India’, agriculture and agro products, smart cities, financial inclusion, infrastructure for transportation, entrepreneurship and Clean Ganga Misson by eminent speakers and industry experts.

(IANS)

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Nasscom, Facebook launch ‘Design4India Studio’ in Bengaluru

The studio would be an interchangeable, flexible space aiming to harness a hybrid of concepts

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Nascomm collaborates with Facebook to provide mentorship in Design and Innovation. IANS
Nascomm collaborates with Facebook to provide mentorship in Design and Innovation. IANS
  • Nasscom and Facebook come together
  • The collaboration is to provide mentorship in design and innovation in India
  • A studio will be built to provide the mentorship to many

In a bid to provide mentorship in design, innovation and entrepreneurship for software companies and startups, the National Association of Software and Services Companies (Nasscom) in association with Facebook on Monday launched “Design4India Studio” here. The platform would provide interactions with design industry mentors and give an opportunity to aspiring designers and startups to explore, innovate and build design as a tool for innovation.

Facebook invests big in Community Leaders Program. AFP
This collaboration with Facebook have a lot of potential. AFP

“Our first of many ‘Open for all’ design studios is built to foster a culture of testing, learning, iterating and prototyping of products and services to increase productivity and innovation for the entrepreneurs and designers,” Ravi Gururaj, Founder and CEO, QikPod and Member, Nasscom Executive Council, said in a statement.

Also Read: Huawei joins Savex to expand enterprise footprint in India

With “WeWork” — a US-based company that provides shared workspaces — as the collaborative space partner, the “Design4India Studio” would provide web, mobile, Augmented Reality (AR) and Virtual Reality (VR) platforms for start-ups and designers.

“It is imperative that design should not be added as an afterthought, rather should be embedded in every step of product development, right from the beginning. Design4India Studio is such a platform that will provide startups with the right mentorship,” added Satyajeet Singh, Head of Strategic Product Partnerships, Asia and South Asia at Facebook.

The collaboration will benefit startups.

The studio would be an interchangeable, flexible space aiming to harness a hybrid of concepts that would empower startups and product companies to better adapt to new business ecosystems.

“Design4India” is a Nasscom initiative that was built in partnership with Facebook and aims to augment the software product innovation ecosystem in the country. IANS

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