India Not Following Real Innovation In Technology
Even though India is emerging as a big tech world, it still lacks Real Innovation In Technology. We have over a million apps (owned by foreign companies), and no innovation from our end. Despite the hype around technology, India ranks 48 out of 135 in terms of the global innovation index. This is quite behind considering the number of engineering passions we have in the country.
Indian companies earned around $9.3 billion in the year 2020. Some of the biggest earners were startups in the food delivery and hotel industry. Among them, two reached the billion-dollar valuation, one was an online retailer and an online baby products company.
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