“World Knowledge Platform and Innovation Growth”

Lets see some good points on economy and world knowledge platform.
Indian economy will be less affected due to the world financial crisis. This is due to
(i) the Indian banking system has always been conservative which has prevented the crisis
(ii) The liberalization process in India has its checks and balances consistent with the unique social requirements of the country
(iii) The Indian psyche is generally savings oriented and living within means is part of the mind set.
This situation has reduced the effect of global turbulence in the Indian economy. However, the resultant effect will be reduction in export and reduction in outsourcing.
The drop in annual growth rate of GDP could be around two percent. This is the time we need innovation in our thinking to rejuvenate the agricultural sector particularly through value addition and the small and medium scale industries and enterprises for making higher levels of contribution to the GDP. Simultaneously, we have to enhance the rural and urban infrastructure particularly through the establishment of 7000 PURA complexes spread in different parts of the country.
The mission of PURA is employment generation with value added skills through connectivities. The investment in these three areas will not only provide value added employment to our citizens and will generate higher growth in economic activity.

Fusion of core competence of two nations :
creation of world knowledge platform for pooling the resources of multiple institutions for promoting innovation leading to economic development.

World Knowledge Platform:
“World Knowledge Platform”, will integrate the core competencies and innovations of the partner countries to produce quick optimum solutions for the benefit of the entire world.

Missions of World Knowledge Platform:
(a) Energy independence from fossil fuel leading to pollution free environment.
(b) Water: desalination, networking of rivers, layered wells for water storage in hill regions and flood control. Water harvesting, recycling and water management.
(c) Healthcare: nano-technology based drug delivery system, development of vaccines for HIV-TB, Malaria and cardiac diseases.
(d) fossil fuel free transportation systems
(e) disaster prediction and management, particularly earthquake forecasting and assessing the quantum of rain for a given cloud condition.
(f) capacity building through development of quality human resource in all the above areas.

Innovations for non-linear Growth:
Indian Enterprises in agriculture, manufacturing and service sector have to recognize their own domestic consumer markets as a source of virtually limitless economic power. This will enable the enterprises to build capacity for the kind of economic engine – a prodigious production-and consumption machine – that can propel growth for years to come.
We have come across how in India and elsewhere individuals and small companies have contributed through entrepreneurship. India has to nurture the entrepreneurial gene to enable a competitive and global industry which propels innovation and creativity leading to non-linear growth. The government corporate and venture capital system should propel the innovation and creativity of the entrepreneurs through investment to compete globally. This will make the enterprises to go global. When the world is globally changing, there is a paradigm shift from export driven market to investment driven market.

Globally Integrated Enterprise (GIE):

How to leapfrog into a GIE from the present form is the challenge today before all of us. GIE will reinforce World Knowledge Platform for growth in innovation. Economic development is powered by competitiveness. Competitiveness is powered by knowledge. Knowledge is powered by technology and innovation. To achieve a non-linear growth, it is imperative that the enterprises should be globally competitive and should have global presence with competitive products, systems and solutions. When we focus on the transformation towards GIE (Globally Integrated Enterprises), we should understand its characteristics such as the following:
a. Having the same brand worldwide b. Having the best leaders from the global talent pool c. Adaptation of uniform quality standards and processes worldwided. Global R&D with its research centers worldwide based on the core competence of research and its available potential for the growth of research. e. Having a Global mindset
Hence it is essential that the Indian enterprises should adopt the global mindset to spread its wings to further its reach. They should integrate with the world economy and become the key agents of change in dispersing technology widely adopting the internet-2 and web2.0 technologies enriching all the sectors of the economy, thereby promoting economic progress in the developing world.
The grand vision of Indian multinationals can be realized only by producing technologically superior products and systems. What we need is an innovative solution for the future, aiming to offer the best innovative solution to the world problems globally. We need to think big and aim high. Our aim and processes should set the standards for the growth ensuring quality and productivity with high efficiency rather than through increased costs.

System design :

Recently, I visited the system design complex of one of the software houses and had interaction with the scientists and engineers over there. Also I have seen the presentation of the solutions for subsystem level and system level problems. I had an interesting walk through in the blue tube to watch Me Shadow (Interactive Floor projection) with i-table, which demonstrates the capability in virtual collaborative design environment. This is an example of creating a robust virtual design environment for engineering system in India based on its vision towards the global manufacturing industry with international partnership in multiple countries. This experience leads me to think that Information and Communication Technology enterprise has the capability to become a system designer, system integrator and system manager at a particular centre in the nation with multiple sub-systems designers and developers contributing to the system spread in different parts of the world.
With global sourcing perspective, can we find a solution to our domestic and national requirements? Such capability of Indian enterprise can definitely be deployed in planning and implementing some of the major national programmes of societal importance such as:
1. National e-governance programme to provide G2G, G2C, G2B solutions. 2. Empowering the Public sector enterprises to adopt e-governance to propel its growth potential. 3. Establishment of 100,000 common service centers in different parts of the country4. Creation of State Data Centers in all States and UT thus ensuring the seamless e-governance transaction. 5. Establishment of 15,000 e-courts leading to e-judiciary for faster clearance of pending cases and increasing the efficiency of justice delivery systems. 6. National tax management system providing a simple tax collection and IT returns. 7. Contributing to the provision of electronic, knowledge and economic connectivities to the 7000 PURA Clusters (Providing Urban Amenities in Rural Areas) spread in different parts of the country thus providing sustainable rural development.

Virtual Collaborative GRID for design and development :

With the technological background and the core competence in multiple areas achieved by our Indian institutions, I am visualizing a “Virtual Collaborative GRID for design and development” for enabling the design to reality - Product life cycle management framework that will enable India to realize its vision for the manufacturing sector, pharmaceutical sector, agro-processing sector and become competitive in the Defence and the commercial market of consumer and consumer durable goods and services. Institutions like Department of Science and Technology and FICCI should facilitate connecting the Virtual collaborative GRID to Academia, industry, R&D Laboratory in India and abroad through a high bandwidth network along with the hundreds of work centers. It will become the foundation for the Virtual Collaborative design platform with full fledged concept to reality product life cycle management environment for the development of any type of system such as fighters, helicopters, automotive digital cars, locomotives such as trains, robotic cars, robotic payload for the space missions in a much faster throughput with quality in a cost effective manner.
My friends, the mission of “Virtual Collaborative Platform’ is the integration of everything that we do in science and technology including the networking of the scientists and the scientific minds, which will lead to establishment of Virtual Collaborative environment for conceptual design to reality leading to realization of marketable systems and products.

Conclusion: Mission in Life :

Dear friends, when I see you all, I see in you great business leaders, great scientists, great technologists and great entrepreneurs. Let me share with you, what are the traits needed to accomplish these goals based on my experience.
I have seen three dreams which have taken shape as vision, mission and realization. Firstly, space programme of ISRO (Indian Space Research Organisation), AGNI programme of DRDO (Defence Research and Development Organisation) and PURA (Providing Urban Amenities in Rural Areas) becoming the National Mission. Of course these three programmes succeeded in the midst of many challenges and problems. I have worked in these areas. I want to convey to you what I have learnt from these three programmes based on my personal experience.
a. Wherever there is a dream in life, that transforms into a vision and vision takes shape as many missions. b. The necessity of high level thinking to transform the Vision into Missions. c. Acquisition of knowledge from all sources. d. Working and working without boundary conditions till the realization of the mission with innovation. e. Leader absorbs the failure and takes the responsibility and gives the credit for success to his team while executing the Mission.
Leaders with these five traits are creative leaders. For success in all the missions, it is essential to have creative leaders. Creative leadership means exercising the vision to change the traditional role from the commander to the coach, manager to mentor, from director to delegator and from one who demands respect to one who facilitates self-respect. For a non-linear growth of the nations’ economic sectors, national enterprises need large number of creative leaders.

With these words I inaugurate the Exposition and Launch the India Innovation Programme. My Greetings and Best wishes to all the participants of this programme for success in their mission of enhancing the innovative capability of the entire Indian society.