Monday October 22, 2018
Home India Innovation ta...

Innovation takes centre-stage at CII summit

0
//
73
Source: Google images
Republish
Reprint
Source: Google images
Source: Google images

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)

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

NITI Aayog And CII Come Together To Contribute Towards SDG’s

NITI Aayog CEO Amitabh Kant said that given India's population, the only way to grow and develop sustainably was to use technology to leapfrog.

0
Ganga
NITI Aayog, CII partnered on sustainable development goals. Flickr

The NITI Aayog on Wednesday entered into a three-year partnership with the Confederation of Indian Industry (CII) to develop vision and action agenda for the industry to contribute towards sustainable development goals (SDGs).

Minister of State for Power and New & Renewable Energy Raj Kumar Singh said that business and government must partner for sustainable development of India.

He said that energy, water and a green industry mattered the most to achieve SDGs and expressed confidence that India will achieve its clean energy goals even earlier than 2022.

During the event, CII launched a report "Indian Solutions for the World to Achieve SDGs"
During the event, CII launched a report “Indian Solutions for the World to Achieve SDGs”.

NITI Aayog CEO Amitabh Kant said that given India’s population, the only way to grow and develop sustainably was to use technology to leapfrog.

He said it was crucial to use renewable energy, push for innovation and research and development to find local solutions for seven million-strong population around the world.

Also Read: NITI Aayog to Partner with Leading Technology Company

During the event, CII launched a report “Indian Solutions for the World to Achieve SDGs”, which deep-dives into each of the sustainable development goals, targets and business implications, a statement said. (IANS)

Next Story