Kyusuibu Honbu
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This is comparing apples with oranges.
Given size of India, we must aim for higher.
Given size of India, we must aim for higher.
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Have look in wikipedia, pharma, automobile, etc. Please I INSIST.
its shameful for us if we're competing with south Asian countries instead of Europe, American or china.
There's nothing to brag about being a big fish in a tiny pond :thumbdown:
Oh. sorry. I didn't noticed that the comparison is among nations in Central and South Asia. Carry on.
India is a poor country (lower middle income group), innovation requires money. Given the constraints India has 66 is not that bad. Innovation requires a lot of capital and infrastructure. India as a country is still worried about how to feed half its population. As the economy grows, country becomes richer innovation will increase too.
India does well in the Lower Middle Income group, its ranked 3rd. Mind you though India at($1500) is still in the lower spectrum of the lower middle income country bracket ($1,036-$4,085).
India ranks 11th overall in innovation efficiency and 31st overall(4th in middle income group) in quality of innovation. So we can safely say that we have a strong base and are on the right path. With stable government and consistent growth in economy breaking into the top 20 shouldn't be that hard.
For faithfuldumbass above
1. Chennai is home to around 35-40% of India's total automobile industry and for this reason it is known as the Detroit of Asia. It is on the way to becoming the world's largest Auto hub by 2016 with a capacity of over 3 million cars annually.
2. According to recent reports, India overtook Brazil and became the sixth largest passenger vehicle producer in the world (beating such old and new auto makers as Belgium, United Kingdom, Italy, Canada, Mexico, Russia, Spain, France, Brazil), grew 16 to 18 per cent to sell around three million units in the course of 2011-12. In 2009, India emerged as Asia's fourth largest exporter of passenger cars, behind Japan, South Korea, and Thailand. In 2010, India beat Thailand to become Asia's third largest exporter of passenger cars.
3. India has been making advances in the field of thorium-based fuels, working to design and develop a prototype for an atomic reactor using thorium and low-enriched uranium, a key part of India's three stage nuclear power programme.The country has also recently re-initiated its involvement in the LENR research activities, in addition to supporting work done in the fusion power area through the ITER initiative.
4. India was the 7th largest producer of hydroelectric power in 2008 after Norway: 114 TWh and 3.5% the world total in 2008.The potential for hydroelectric power in India is one of the greatest in the world.
5. The Pharmaceutical industry in India is the world's third-largest in terms of volume and stands 14th in terms of value.
AND MORE. TAKE HEED.