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India is ranked amongst the top 50 countries (48th) by World Intellectual Property Organization in the Global Innovation index 2020 an improvement from 81st rank in 2015. The fast-growing $ 180 billion Information Technology Enabled Services ITES and biotech industry in the country over the past decade has shown the world, India’s scientific, engineering and technological advancement and capabilities.
Promoting a Culture of Innovation and Entrepreneurship
India is known to give the idea of zero, decimal systems, binary digits, wootz steel, plastic surgery, cataract surgery, Ayurveda, defence.
India is considered one of the major scientific centres in the world which have excelled in the fields of mathematics, warfare, geometry, astronomy, medicine, space science, physics, chemistry, botany, etc.
India has been steadily rising in the Global Innovation Index (GII) rankings and was ranked at 48th position in 2020 from 52nd position in 2019. The power of the 3rd largest scientific and technical manpower in the world has many Multi-National Companies like Samsung, Bosch, Microsoft, CISCO, etc. have started focusing on India to leverage the capability we have to offer. India is the youngest country in 2020, with 64 percent of the population in the working-age group
With over 1.35 billion people, over 200 million students, nearly 10,500 engineering establishments and a similar number of business schools, over 150 million young Indians are entering the world of work
The increase in income leads to an increased consumption of suction products.
The increasing affordability of Indian SMEs is likely to be a key driver of demand for high-end technology products
Changing Trends and Challenges
• Rapidly evolving ecosystem
• Focus on Futuristic Deep Techs
• Digitisation and Democratisation of Information
• Requirement for Specialised Manpower
Aspects for Attaining Success
• Adaptive mindset
• Being digital
• Building corporate relationship and strategic partnership
• Being Flexible and Agile
Atal Innovation Mission (AIM) is Government of India’s flagship initiative to create and promote a culture of innovation and entrepreneurship across the length and breadth of our country. AIM’s objective is to develop new programmes and policies for fostering innovation in different sectors of the economy, provide platforms and collaboration opportunities for different stakeholders, and create an umbrella structure to oversee the innovation & entrepreneurship ecosystem of the country
Atal Tinkering Labs from Class 6 to Class 12. Atal Tinkering Labs are being established in schools nationwide with 7000+ operational in 660+ districts and over 2.5 million students having access to ATLs. 112 out of 115 Aspirational Districts have ATL coverage. AIM has launched a first of its kind Artificial Intelligence Do-It-Yourself learning module in a partnership with Nasscom and several key industry partners of NASSCOM.