Too many apps, no real innovation. Cute Tech is ailing Indian technology
India needs to emulate small countries like Taiwan & Israel that have built focused and niche high-tech sectors, not obsess over China and its ambitious plans.
Vinayak Dalmia 12 March, 2021 10:42 am IST Text Size:
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Indian startups raised a total of $9.3 billion in 2020. Some of the biggest gainers were a food delivery app and a hotel booking app. Amongst those that reached ‘unicorn’ status billion-dollar valuation was an online fashion retailer and an online baby products company.
Prima facie, this is cause for celebrating the startup ecosystem. But scratch the surface, what you find about India’s technology sector can be summarised in one sentence: too many apps (eventually foreign-owned) and not enough innovation. It is no surprise, then, that despite India’s engineering strength and the hype around its technology sector, the country ranks at 48 out of
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Winners and the finalists of the 11th edition of Aegis Graham Bell Awards (AGBA) were declared in a virtual event. The 11th AGBA is supported by the Ministry of Electronics & Information Technology, Government of India; NITI Aayog, Skill India, Maharashtra State Innovation Society & National Informatics Centre Services Incorporated; FICCI as the chamber partner. AGBA supports the girls and women through Safe N Happy Periods.
At the event, Hon’ble Union Cabinet Minister Shri Gajendra Singh Shekhawat, Minister in Ministry of Jal Shakti and Hon’ble Minister of State Shri. Pratap Chandra Sarangi, Minister of State for Animal Husbandry, Dairying and Fisheries and Micro, Small and Medium Enterprises (MSME), recognized 8 talented students from all over India, who were provided with a 100% scholarship to study Post Graduate Program (PGP) in Data Science; PGP in Applied AI, Machine Learning & Deep Lear