“There needs to be more innovation. The government, as part of its innovation agenda, should get rid of any hurdles,” he said, at the NASSCOM event.
In Silicon Valley 40 per cent of the start ups are owned by Indians, but the creative exposure and support is still nascent in India.
Facemash, a simple application that Mark Zuckerberg and his friends coded during their Harvard days, led them to disciplinary action then. But later it took shape as Facebook and made him a millionaire at the age of 23.
College dropout Steve Jobs revolutionised the world with his ‘i’ suffixed products and attributed the simplicity and sleekness of his devices to the knowledge he gained through worldly pursuits.
Similar is the story of Bill Gates who left Harvard to set up Microsoft in 1975. Such stories of college drop outs becoming millionaires are common in western countries.
The education system, which for generations emphasises on learning by rote, has degraded the creative spirit of students. The western counterparts on the other hand are exposed to life-oriented education and become more familiar with societal problems. This exposure helps them to innovate and revolutionalise the world.
For a country of 1.2 billion people, with the largest youth population, we complain of lack of innovation. At the recently held, Young Innovator-Chevening and UK Alumni meet organised by the British Deputy High Commission, Chennai, an array of innovators and budding entrepreneurs shared their experiences in taking to less trodden paths.
Chevening scholarships and fellowship programme is a flagship programme of the British government which selects future leaders from 130 countries and provides them the facilities for full time post-graduate level courses with partial or full funding. The training gives the students the necessary exposure and prepares them to aim high. Girija Vaidyanathan, IAS, Principal Secretary/CMD, Power Finance and Infrastructure Development Corporation and Santosh Babu, IAS, Commissioner, Indian Medicine and Homeopathy, Government of Tamil Nadu are Chevening scholars who reminiscence on their experiences.
They chose to be different!
Ramesh Manickam, CEO, Centroid Design, is a first generation entrepreneur. His master’s degree from IIT-Delhi and ten years work experience had given him the courage to venture out and set up the industrial design studio which specialises in areas of automotive and product design.
Dr Saleem Mohammed, CEO and Co-Founder, X Code Life Sciences, has a PhD in Bioinformatics. It was when his parent suffered from diabetes that he wanted to find a solution to prevent diseases. And thus X Code was born which focuses on moving towards personalised health care.
Vikas Chawla, Founder Social beat and Head of marketing Koolkart, is an alumnus of London School of Economics. His passion for technology and love to shop urged him to find the online shopping website, Koolkart.
Sorav Jain, Thinker-in-Chief, echoVME, has a Masters from Leeds University. He has designed and implemented digital & social media marketing strategies for some of the leading personal and corporate brands.
These young entrepreneurs are faces of changing India, who have grasped emerging opportunities. Though they all took advantage of dynamic environment, they also pointed to the lack of support system.