Entrepreneurship in the United States is more like a World Cup cricket where only a select few get to play in the team, and even fewer get to win. But entrepreneurship in India these days is like street cricket, where anyone can play and win a prize!
There is more optimism in India than in the West. Excitement around technology applications wasn't at all there. Now, India can lead the world in social entrepreneurship and can become an innovation powerhouse in the coming years.
It becomes both important and exciting to note that the innovations discussed here are the breakthrough products of India.
- Tata Nano:
The Tata Nano is an affordable, rear-engined, four-passenger city car built by the Indian company Tata Motors and is aimed primarily at the Indian domestic market.
The car gets its name from its price point which is near 100,000 (one lakh rupees). It is the cheapest car in the world today. In 2008 the Financial Times reported: "If ever there were a symbol of India’s ambitions to become a modern nation, it would surely be the Nano, the tiny car with the even tinier price-tag. A triumph of homegrown engineering, the Nano encapsulates the dream of millions of Indians groping for a shot at urban prosperity."
- $35 Tablet
India’s Human Resource Development Minister Kapil Sibal recently showcased a $35 tablet, the invention of the Indian Institute of Technology and the Indian Institute of Science.
The ministry has predicted that the prices of the device could drop upto $20 or $10 per unit. The development of this tablet is part of a larger initiative aimed at improving India’s educational system through technology.
The tablet is Linux-based prototype, enables Internet browsing, word processing, and video conferencing. It also has a 2GB memory, USB ports and wi-fi. For the memory, the tablet uses memory card. An interesting thing to note, the tablet can even be converted to run on solar power (at an extra cost).
- India’s Fastest Supercomputer SAGA-220
Indian Space Research Organisation (ISRO) unveiled a supercomputer on 2 May 2011, which is to be India's fastest supercomputer in terms of theoretical peak performance of 220 TeraFLOPS (220 Trillion Floating Point Operations per second).
The new Graphic Processing Unit (GPU) based supercomputer named SAGA-220 will be used by space scientists for solving complex aerospace problems.4.)Green technology for Bikes
Four young engineers, Syed Fahad Ahmed, Mohammed Isham, Ejaz Pasha and Visrant Choudhury are the depicted an abysmal interest in the Bikesby coming up with an all new green technology for automobile industry. They invented TRIAUTO a two wheeler which can be recharged with both electricity and solar power and can avail petrol in case of their absence.5.)Kashmir villager invents ‘Singing Lantern'
Ghulam Mohammad Mir of Tangpaw, Saagam of South Kashmir's Anantnag district too like many others across the valley, had a bitter experience of early nineties when crackdowns and army patrols was a fearsome experience. He was severely beaten up by troopers for not being prompt to respond to the frightening midnight knock. Mir had never been to School but the constant fear of missing a knock and paying for it led him to invent what he proudly calls ‘Singing Lantern'.
It’s a traditional Kashmiri kerosene lantern that has features of radio, alarm, mobile charger and light-n-sound siren to hear the door knock. The lantern is charged by electricity or solar lighting and lasts for at least 10 days.
Now he has bigger dreams of developing a Rs 1.5 lakh helicopter.