Decoding India’s Innovation Culture

Experts noted that innovation is necessary to promote the country's resilience and self-reliance

Innovation is the key to sustainable and inclusive growth of any nation which solves the major challenges and brings millions out of poverty by generating livelihood opportunities. 

Karnataka, Manipur and Chandigarh have topped in their respective categories in the third edition of Niti Aayog’s India Innovation Index 2021. While Karnataka has topped again in the ‘Major States’ category, Manipur is leading the ‘North East and Hill States’ category and Chandigarh is the top performer in the ‘Union Territories and City States’ category. 

Speaking at BW Businessworld Unicorn Summit and Awards 2022, Niraj Jha, Founder and CEO, Hanuman; Ravi Ranjan, Chief, Events and Partnerships, Venture Catalysts; Satyajeet Patnayak, Co-founder and CEO, Fydo and Varun Mahendru, Co-founder, The Playbook talked about ways to democratise innovation culture in the country to move forward on the path of recovery. 

The eminent speakers also talked about the present status of the startup ecosystem in tier-II and tier-III cities and how India can create small-town tech heroes. The event was moderated by Prabhash Nirbhay, Chief Evangelist, Jharkhand Angels and Founder & Director, Consulting, Flipcarbon Integrated Solutions. 


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