Startups focused on scientific and technological innovation are on the uptick. It's time private industry and money stepped up to the plate
Bengaluru: Popular wisdom has it that India has always had an abundance of trained talent but has been a laggard nation when it comes to product innovation. This is especially true with innovation that is based on science and technology. We have largely been an importer of new and innovative products and solutions, and have, at best, been only somewhat successful in creating cheaper substitutes of products that were invented outside the country, through reverse engineering an innovative drug or product for the local market.