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India not leveraging R&D benefits

Advantages are not being leveraged fully mainly because of lack of funds, say experts

India not leveraging R&D benefits
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Apurva Venkat Bengaluru
India enjoys a huge advantage of a great talent pool that comes at a low cost. However, experts from Samsung, IBM and Cisco say the advantages are not being leveraged fully mainly because of lack of funds and no collaborative work.

Vinod Kumar, general manager, GE Global Research, says one of things that are different in India as compared to other countries is the time duration and pace at which things happen, and the amount of money that goes into the activities. “In a US scenario where GE has worked, there are programmes, worth $5 million and $10 million, where companies