How India builds: Cheaper, faster, local
At the heart of reverse innovation is recreating foreign technologies by harnessing local know-how
Reverse innovation uses locally available resources to create products that can give foreign tech a run for its money
What do a hybrid distributed power project in Bihar, an intelligent transportation management system and a uterine balloon tamponade kit have in common? More than you’d think. All three are developed in India, though not invented from scratch here. All three are exceptionally low-priced projects/products, now being sold worldwide. And all three have either saved or drastically improved countless lives. All three are copybook examples of reverse innovation, commonly known as trickle-up or bottom-up innovation.