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Focus Areas | Innovation

Innovation

Given that the Indian economy is growing at 6-8% per year, while exports are growing at 30% CAGR, and many Indian firms are successfully competing against international firms and brands, it can be concluded that this has been made possible by a combination of enabling environment, rising capital and labour productivity, improved quality of goods and services at lower cost, etc. In the growth of quality and quantity of Indian economy, Innovation is a key driver, although this may neither be apparent nor readily visible.

The National Knowledge Commission seeks to explore and discover how Innovations are taking place, driving growth and improving competitiveness in various sectors of the Indian economy, with a view to replicate and further enhance India's Innovation intensity, and to acknowledge the changing government mindset and explore its role as an innovation enabler. The National Knowledge Commission envisages a national innovation system, where entrepreneurship at the local and national levels is encouraged, and inter-disciplinary studies in S&T are undertaken in order to encourage new approaches and methodologies. In order to explore this sector, the NKC proposes to undertake a survey, seeking answers from key players from each of these sectors, as well as hold a series of workshops with key players in each of the sectors.


More Innovation links: Recommendations
Consultations
NKC Report on Innovation