Re: [MTC Global] [Weekend Big Debate] Make in India Vision Vs Reverse Engineering

Dear Sir,

Every one of us agrees that there is "No Point in re-inventing the wheel"; for $10Trillion "Make-in-India" economy by 2035, we may have three options to choose from, depending upon state ans sector:

• Fierce Catch-up - Using traditional approaches or technologies to surmount challenges at an accelerated pace....e.g. Education, Healthcare, Retail
  
• Significant Leap - Adopting new or different approaches and technologies that may have been developed elsewhere but that would also work in India...Agriculture, Power, Urbanization
  
• Leapfrog to high GDP Contribution Share levels - Create an entirely new method of business model or technology ...Manufacturing (from 12 to 25%), Mobile Internet Clouds, Financial Services (35% to 90% Access) as per PWC report.
  

Thanks and regards,

G.S.Autee

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From: join_mtc@googlegroups.com <join_mtc@googlegroups.com> on behalf of Prof. Bholanath Dutta <bnath.dutta@gmail.com>
Sent: Sunday, April 5, 2015 5:12 PM
To: join_mtc@googlegroups.com
Subject: [MTC Global] [Weekend Big Debate] Make in India Vision Vs Reverse Engineering

 

One can, in principle, import technology, train engineers to run it and become a great power. China, Korea and even Japan are classical examples of economies based on ‘reverse engineering’ where a technology is purchased, cheaper alternatives of mass production are found and the same technology is made available at a lower cost to the world. One can survive and even flourish on this. It makes the nation permanently dependant on reverse engineering, cost control and quality control.

But is this a good long term solution for a nation? Where is the creativity?

Best Regards,

Educate, Empower, Elevate

Prof. Bholanath Dutta

Founder, Convener & President- MTC Global

An Apex Global Advisory Body in Management Education

www.mtcglobal.org  I www.mtcglobalaward.org I www.knowledge-cafe.org I

www.theglobepost.in I www.mtcgli.net

Cell: +91 96323 18178 I +91 81520 60465 I +91 7411716392

Email: president@mtcglobal.org I president@mtcglobalaward.org I director@mtcgli.net

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