If you do a SWOT analysis of India's capabilities, certainly Software prowess will be among the top in the list in terms of technological leverage. Pharma will come next to it and there are others like leather goods, cotton textiles, garments etc.
There is one niche area where India has excelled in all- Research, Design and Manufacturing capabilities and that is two-wheeler production. Even though India borrowed the technology from Japanese manufacturers initially, now India has its own name in the world for 2 wheeler manufacturing competing and even outshining the best in the world.
Yesterday I was listening to a panel discussion on defence manufacturing. Two out of the four panelists predicted in about 5 to 10 years time, India will be among the first three in terms of Research, Design and Mfg. of niche defense equipment incl high-end weapons built on the cutting end technology. According to them ,it has been made possible by the coherent, calibrated and painstaking efforts of this Govt. starting from Manohar Parrikar as the Defence Minister.
One of the panelists being Air Vice Marshal(retd) knew what he is talking about in terms of Govt. policies and the dilly-dallying attitudes of bureaucrats in carrying the agenda of the Govt. forward. He said that the dance involving the Govt, bureaucrats, and the armed forces have got into synchronized steps with well thought out targets after listening to the Defence Mfg.Industry.
Apart from these industries, India is also looking at developing capabilities in semiconductors, smartphones, chemicals and high-end pharma, renewable energy power equipment production, Mobility solutions etc. India stands to gain by investing in cutting edge technologies in Nano, AI, Robotics, Space, IoT, ML, DL, etc. For these things, India's investment in Targeted Research and Development will have to be substantially scaled up as a percentage of GDP.
Alvin Toffler in his "Powershift" mentioned about Knowledge, Wealth and Power/Violence as the three dimensions (கல்வியா,செல்வமா,வீரமா?) of the society with Knowledge being mentioned as the most democratic of all levers.India has to use that lever to its advantage.
Then, India can leapfrog into Industrial Revolution 4, since India was forced to miss the first three Industrial Revolutions by design!
There is one niche area where India has excelled in all- Research, Design and Manufacturing capabilities and that is two-wheeler production. Even though India borrowed the technology from Japanese manufacturers initially, now India has its own name in the world for 2 wheeler manufacturing competing and even outshining the best in the world.
Yesterday I was listening to a panel discussion on defence manufacturing. Two out of the four panelists predicted in about 5 to 10 years time, India will be among the first three in terms of Research, Design and Mfg. of niche defense equipment incl high-end weapons built on the cutting end technology. According to them ,it has been made possible by the coherent, calibrated and painstaking efforts of this Govt. starting from Manohar Parrikar as the Defence Minister.
One of the panelists being Air Vice Marshal(retd) knew what he is talking about in terms of Govt. policies and the dilly-dallying attitudes of bureaucrats in carrying the agenda of the Govt. forward. He said that the dance involving the Govt, bureaucrats, and the armed forces have got into synchronized steps with well thought out targets after listening to the Defence Mfg.Industry.
Apart from these industries, India is also looking at developing capabilities in semiconductors, smartphones, chemicals and high-end pharma, renewable energy power equipment production, Mobility solutions etc. India stands to gain by investing in cutting edge technologies in Nano, AI, Robotics, Space, IoT, ML, DL, etc. For these things, India's investment in Targeted Research and Development will have to be substantially scaled up as a percentage of GDP.
Alvin Toffler in his "Powershift" mentioned about Knowledge, Wealth and Power/Violence as the three dimensions (கல்வியா,செல்வமா,வீரமா?) of the society with Knowledge being mentioned as the most democratic of all levers.India has to use that lever to its advantage.
Then, India can leapfrog into Industrial Revolution 4, since India was forced to miss the first three Industrial Revolutions by design!
