Indian entrepreneurs have excelled at frugal innovation: Their products and services deliver world-class functionality at rock-bottom prices. India’s businesses solve hard consumer problems using technology superbly and now define the global productivity frontier for mass services. Mobile data networks, the BHIM app, e-commerce portals, and ride-sharing companies are excellent examples of how India is developing mass services to meet the needs of hundreds of millions of consumers. As a result, India has become the ideal laboratory for figuring out how to serve consumers in the fast-growing developing world.
A vast and intriguing new market opportunity for India’s entrepreneurs has emerged. Drone
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