Saturday, January 20, 2007

Innovative India is young

With his "can-do-attitude", Mashelkar is convinced about one thing -- India 's competitive advantage lies in drugs and pharmaceuticals. But we have not delivered a single blockbuster drug so far? "You forget that Innovative India is just one generation old. It is too short a time to judge," he says.

Companies are warming up to innovative research and looking for new drug molecules and new ways to deliver them rather than copying what is available.

Heavy investment is required in research. "There must be real commitment to looking at innovation as something which will provide a win in a competitive market, not just because there are some tax breaks to avail," he says.

So while he lauds Tata's Rs 1 lakh (Rs 100,000) car project -- "I assure you it will have four wheels, not three" -- he is worried about the talent crunch that is looming. Take the booming infotech sector -- the entire country has not produced even 40 PhDs in information and communication technology.

1 comment:

YS said...

To add to this, Information and Communication Technology (ICT) is not recognised as a degree course in India.

DA-IICT (www.daiict.ac.in) is the first institute in India providing degree in ICT field, and its not getting approval from UGC.