Domestic car makers do R&D in India. Foreign brands only do manufacturing in India (if that). Surprised?
Same applies in almost every sector, from consumer durables to computer hardware.
And yet, the Indian market offers no incentives to Indian brands and product designers over those who don't do R&D here. Building product development competency is of no value to the government.
Even schemes like MSIPS favour manufacturers over IP developers. Anyone can import designs and modules from abroad and manufacture. That is nowhere near as complex as designing a product.
@[1041952182:2048:Aynampudi Subbarao], your thoughts.
Same applies in almost every sector, from consumer durables to computer hardware.
And yet, the Indian market offers no incentives to Indian brands and product designers over those who don't do R&D here. Building product development competency is of no value to the government.
Even schemes like MSIPS favour manufacturers over IP developers. Anyone can import designs and modules from abroad and manufacture. That is nowhere near as complex as designing a product.
@[1041952182:2048:Aynampudi Subbarao], your thoughts.