Mr. Chidambram emphasized about the need for interaction between the industry and the academia for India to truly evolve as a world leader. He primarily focused on re-innovation and how it could help in development in Rural India. Rural development is the key for India’s development and as he put it India will be a developed nation once the quality of life in rural India matches the quality of life in non urban areas of developed nations. To ensure that happens we need to focus on incremental innovation where we are not always inventing the wheel but rather modifying it to suite local conditions and needs; where the need for concept transfer is greater than the need for technology transfer. India as a country is attempting a paradigm shift where we are moving from product innovation to process innovation and further to process and design innovation. Having talked about innovation he also stressed the importance for interaction not only between government and industry but also between academia and industry. For this he pointed out various initiatives which have been undertaken by our government, namely, CAR (Core advanced group for Automotive Research), RuTAG (Rural Technology Appreciation Group), NKN (National Knowledge Transfer) etc. The question answer round which followed including various questions like ‘How can Management students contribute towards Rural development’ and ‘ Balance between Advancement in technology and Primary education’ eliciting enthusiastic responses from Mr. Chidambram .
By
Neha Khanna,
MBA Batch 2010-12
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