Saturday, June 7, 2008

Innovation in India? Oxymoron?

I came across an well written article which points out the obvious- lack of innovation coming from India and some suggestions to remedy it. A lot of it is common sense- energy, transportation, education etc. But one point made in a comment caught my eye. It talked about our religions and allow me to quote:
"...The concept of consumerism and materialism is foreign to Indian religions such as Vedism/Sanatam Dharma, Sikhism, Jainism, Buddhism. Where there is no want, there is no need to innovate or create."
Very interesting! Reminds me of "Greed is good" - Gordon Gekko. :)
But this stereotype is so common even in Bollywood- rich guy is greedy tyrant while poor has the ideals. City guy is slick, farmer is rustic and innocent. Time to get rid of these notions.
BTW the article is at: http://seekingalpha.com/article/76511-where-are-indias-innovative-companies-products-and-solutions