Wednesday, March 18, 2009

India will be big technology innovator in next decade (1)

Good morning friends. it’s a good thinking that India will be a big technology innovator in next decade. That means something. For sure Indian people will benefit on that. With reference to The Economic Times, India from being a service providing nation, India is finally indicating its arrival as a knowledge-creating nation, as befitting a country that centuries ago was the original fount of all knowledge.

Economists have been predicting it, stargazers have been forecasting it, and now the technology trend watchers are saying it - the coming decade is Surely going to belong to India.


Jason Pontin, the charismatic editor and publisher of MIT's "Technology Review" - the publication of the Massachusetts Institute of Technology (MIT) - confidently proclaims that India is going to dominate the innovation space.

This is why the 109-year old magazine has launched an edition in the country. "I want to be the first to tell the world about the action in the labs here."

Economists may predict superpower status for India based on its growth figures and the economy's resilience in the face of global downturn. But the motor of this growth will be investments in science and technology, believe experts.

At EmTech2009, an emerging technologies conclave recently hosted in New Delhi by Technology Review and CyberMedia, the exciting forecast is that India's knowledge superpower domain is all set to extend beyond the field of IT.

Areas where India is seen making major inroads include healthcare, education, biomaterials and nano-technology. From being a service providing nation, India is finally heralding its arrival as a knowledge-creating nation, as befitting a country that centuries ago was the original fount of all knowledge.

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