Business Standard

Letters: No takers for R&D

Private players should wake up to the fact that research activities are the key to global opportunities and growth

Related News

This refers to the Q&A with J G Kulkarni "R&D and innovation find little place in Indian industry" (October 8). India is way behind countries like China, South Korea and Mexico in the field of research and development (R&D). To start with, academics and professionals in our country hardly show any interest in R&D. The shortage of people with doctorate degrees only adds to this problem. As a result, most research centres in India are running without talented research scholars.

It is only the public sector that is involved in R&D activities in India. But we need private participation to enhance competition in the field. Private players should wake up to the fact that research activities are the key to global opportunities and growth. For example, Glenmark has emerged as one of the well-known, research-based pharmaceuticals in India and its revenue has risen to $2.6 billion. Finally, a good amount of money should be earmarked for R&D activities because limited resources often come in the way of growth of research centres.

Mumbai

Letters can be mailed, faxed or e-mailed to:
The Editor,
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number

Read more on:   
|
|

Read More

Letters: A common investor's woes

This refers to the edit “Trial and error” (October 26). Rajat Gupta merely helped a friend with insider tips and asked nothing in return. He is now ...


Quick Links

Have Your Say




What are your views on the sacking of two AAP members on charges of graft?

What are your views on the sacking of two AAP members on charges of graft?

Financial X-Ray Rss icon

Inflation unlikely to moderate significantly in 2014-15
Malini Bhupta

RBI might retain rates at current levels, upside risks to inflation rise

Infosys' struggle with growth continues
Malini Bhupta

Revenue growth to continue to face challenges due to weak repeat business and new deal wins

Back to Top