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Need to create strong innovation culture in India: Pranab Mukherjee


New Delhi : President Pranab Mukherjee said that innovation was the currency of the future and emphasized on the need for creating strong innovation culture in India.

“Innovation is the currency of the future. Innovation converts research into wealth. Unless we recognize this reality and start working in a focused manner on creating a strong innovation culture in our country now, we will be left behind in the march to modernity,” Mukherjee said addressing the Visitor’s Conference at Rashtrapati Bhavan.

The first three-day Visitor’s Conference commenced on Wednesday with an interactive session between industry and academia, exchange of 44 MoUs and lectures by eminent people.

Speaking after witnessing the exchange of MoUs, Mukherjee said his constant refrain that India cannot aspire to be a world power without having a single world-class university has found resonance among the institutions.

He said the institutions have now started looking at the international ranking processes in a more proactive and systematic manner.

“If we provide enough funds to top 10 to 15 institutions for the next 4-5 years, these institutions will certainly storm into the top 100 of global academic rankings within next few years,” he said.

The president said the National Institutional Rankings Framework put in place by the human resource development ministry with an India-centric approach would further help the institutions to compete nationally and globally.

“Apart from giving the nation, the institutions, its students and its alumni a sense of pride, a high rank can help attract quality faculty and meritorious students, open fresh avenues of growth and placement for students, and provide a benchmark for continuous improvement in standards,” he said.

The president said brilliant minds, captains of industry and academic leaders of 114 central institutions have come together on a common platform to deliberate on issues concerning the higher education sector for the first time here.

Mukherjee said a strong inter-linkage between industry and academia was a critical component for developing the educational and industrial eco-systems.

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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

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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