You are here: Home » News-ANI » Business

Indian innovation playing multiple roles for Germany: Report

As and continue to partner on innovation, a recent study states that innovation in is playing multiple roles for as the former's large and growing customer base provides a suitable test market for the latter.

India's size, diversity, heterogeneity and strong base in engineering capability offers German firms practice for innovating and competing in a VUCA world.

With over a million engineering graduates every year, serves as a vast talent hub for skilled manpower, particularly in light of Germany's current demographic profile.

Also, the ecosystem provided by Indian cities like offers German companies a diverse market along with collaboration and co-innovation opportunities.

The study was jointly conducted Bertelsmann Foundation and Roland Berger and the key findings were presented in an event organized by the foundation here yesterday.

The event was attended by various dignitaries including NITI Ayog CEO, German Ambassador Dr. Martin Ney, and former Planning Commission member Arun Maira.

The study also developed a number of actionable recommendations for Indian and German companies, academia, and policymakers to leverage the Indian innovation ecosystem and derived recommendations on how the two countries can work to create a synergistic innovation partnership.

It asserted that close collaboration between industry and academia, a strong and enforced IPR regime, and the ease of doing will play a major role in taking this relationship further.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22
Business Standard

Indian innovation playing multiple roles for Germany: Report

ANI  |  New Delhi [India] 

As and continue to partner on innovation, a recent study states that innovation in is playing multiple roles for as the former's large and growing customer base provides a suitable test market for the latter.

India's size, diversity, heterogeneity and strong base in engineering capability offers German firms practice for innovating and competing in a VUCA world.

With over a million engineering graduates every year, serves as a vast talent hub for skilled manpower, particularly in light of Germany's current demographic profile.

Also, the ecosystem provided by Indian cities like offers German companies a diverse market along with collaboration and co-innovation opportunities.

The study was jointly conducted Bertelsmann Foundation and Roland Berger and the key findings were presented in an event organized by the foundation here yesterday.

The event was attended by various dignitaries including NITI Ayog CEO, German Ambassador Dr. Martin Ney, and former Planning Commission member Arun Maira.

The study also developed a number of actionable recommendations for Indian and German companies, academia, and policymakers to leverage the Indian innovation ecosystem and derived recommendations on how the two countries can work to create a synergistic innovation partnership.

It asserted that close collaboration between industry and academia, a strong and enforced IPR regime, and the ease of doing will play a major role in taking this relationship further.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Indian innovation playing multiple roles for Germany: Report

As New Delhi and Berlin continue to partner on innovation, a recent study states that innovation in India is playing multiple roles for Germany as the former's large and growing customer base provides a suitable test market for the latter.India's size, diversity, heterogeneity and strong base in engineering capability offers German firms practice for innovating and competing in a VUCA world.With over a million engineering graduates every year, India serves as a vast talent hub for skilled manpower, particularly in light of Germany's current demographic profile.Also, the ecosystem provided by Indian cities like Bengaluru offers German companies a diverse market along with collaboration and co-innovation opportunities.The study was jointly conducted Bertelsmann Foundation and Roland Berger and the key findings were presented in an event organized by the foundation here yesterday.The event was attended by various dignitaries including NITI Ayog CEO, German Ambassador Dr. Martin Ney, and ...

As and continue to partner on innovation, a recent study states that innovation in is playing multiple roles for as the former's large and growing customer base provides a suitable test market for the latter.

India's size, diversity, heterogeneity and strong base in engineering capability offers German firms practice for innovating and competing in a VUCA world.

With over a million engineering graduates every year, serves as a vast talent hub for skilled manpower, particularly in light of Germany's current demographic profile.

Also, the ecosystem provided by Indian cities like offers German companies a diverse market along with collaboration and co-innovation opportunities.

The study was jointly conducted Bertelsmann Foundation and Roland Berger and the key findings were presented in an event organized by the foundation here yesterday.

The event was attended by various dignitaries including NITI Ayog CEO, German Ambassador Dr. Martin Ney, and former Planning Commission member Arun Maira.

The study also developed a number of actionable recommendations for Indian and German companies, academia, and policymakers to leverage the Indian innovation ecosystem and derived recommendations on how the two countries can work to create a synergistic innovation partnership.

It asserted that close collaboration between industry and academia, a strong and enforced IPR regime, and the ease of doing will play a major role in taking this relationship further.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard