India as Innovation Hub – Seminar 2009 – FICCI New Delhi

September 9, 2009

FICCI – Federation of Indian Chambers of Commerce and Industry organised a Seminar ” India as Innovation Hub” on 8th September, 2009 at New Delhi

The sessions included:

  • Innovation for Inclusive growth
  • Incubate to innovate
  • Mind to Market

The Speakers were from the following organisations:

  • FICCI
  • Erehwon Innovation Consulting
  • GE
  • National Innovation Foundation
  • Sristi
  • Honey Bee Network
  • Department of Science and Technology, Government of India
  • Microsoft Research India
  • Sukam Power Systems
  • Delhi Technological University
  • Reuters Market Light
  • Entrepreneurship Development Institute of India
  • FITT, IIT Delhi
  • Amity Innovation Incubator  
  • DRDO
  • Century Pharmaceuticals
  • Sustainable Technologies and Environmental Projects
  • iMFAST

Maninder of Team 123oye was present and noted the following Points:

  • Multiply Innovation Leaders
  • Build Innovation Capability(Equivalent to Six Sigma)
  • Make innovation part of education
  • GE in India – 1902 – First hydro project in Karnataka, 1997 – BPO Operation, 1999 – JFWTC – Research operations
  • GE India Technology – Aviation, Energy, Healthcare, Oil and Gas, Water, Transportation, Global Research
  • Why R and D in India – Strong intellectual capital, talent pool of scientists and engineers- from premier educational institutions
  • Technology inventions central to quality of life
  • India Today – Changing values, easy job opportunities, easy money, changing lifestyles, corruption still endemic
  • Need to convince parents to encourage children to go into research
  • Indian Society doesn’t accept change easily
  • Need based support, counseling, guidance and mentoring is the key to encourage innovative, high tech, knowledge based enterprises