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    The highest education budget ever

    The highest education budget ever

    Education Ministry recieves 1.12 lakh crore from the centre

    Education Ministry recieves 1.12 lakh crore from the centre

    Surge in education budget allocation

    Surge in education budget allocation

    The union budget 2023-2024

    The union budget 2023-2024

    1.12 lakh crore has been allocated to Education Ministry, recorded highest

    1.12 lakh crore has been allocated to Education Ministry, recorded highest

    Private Universities in Karnataka Protest against the Use of ChatGPT

    Private Universities in Karnataka Protest against the Use of ChatGPT

    Indian start-ups raised 33% less (YoY) in CY22 at nearly USD 24 billion; Early-stage funding grew by 12%: PwC India Report

    Indian start-ups raised 33% less (YoY) in CY22 at nearly USD 24 billion; Early-stage funding grew by 12%: PwC India Report

    France to increase its intake of Indian students manifold

    France to increase its intake of Indian students manifold

    IIT JEE Mains and IIT JEE Advanced eligibility standards will be loosened by the Education Ministry

    IIT JEE Mains and IIT JEE Advanced eligibility standards will be loosened by the Education Ministry

    UGC Requests Comments on the Proposed Rules for Establishing Foreign Educational Campuses in India

    UGC Requests Comments on the Proposed Rules for Establishing Foreign Educational Campuses in India

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    Institute of Bakery & Culinary Arts Invites Application for Various Courses

    Institute of Bakery & Culinary Arts Invites Application for Various Courses

    Deakin University introduces 12-month Master of Data Science (Global) in collaboration with Great Learning

    WHISTLING WOODS INTERNATIONAL HOSTED THE 2ND EDITION OF THE MEDIA & COMMUNICATION-MASTERCLASS MARATHON FEATURING RENOWNED WOMEN LEADERS FROM THE M&E INDUSTRY

    WHISTLING WOODS INTERNATIONAL HOSTED THE 2ND EDITION OF THE MEDIA & COMMUNICATION-MASTERCLASS MARATHON FEATURING RENOWNED WOMEN LEADERS FROM THE M&E INDUSTRY

    MDI Gurgaon business school wins RPG Blizzard 2022

    MDI Gurgaon business school wins RPG Blizzard 2022

    Applications for Paramedical Programmes now Open

    Applications for Paramedical Programmes now Open

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Updates regarding NEET UG Counselling 2021

    Updates regarding NEET UG Counselling 2021

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    Online learning a boon for the CAT 2021 topper

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    What can Indian medical students expect when pursuing a career in medicine :   Advice from St. George’s University School of Medicine in Grenada

    What can Indian medical students expect when pursuing a career in medicine : Advice from St. George’s University School of Medicine in Grenada

    Avanse Financial Services’ half-yearly results resonate with the growing demand among students to access quality education

    Avanse Financial Services’ half-yearly results resonate with the growing demand among students to access quality education

    Ireland opens opportunities for Indian students, announces on-  ground Education Fairs in November

    Ireland opens opportunities for Indian students, announces on- ground Education Fairs in November

    #StrongMindPalace – Building mental fortitude for life’s challenges

    #StrongMindPalace – Building mental fortitude for life’s challenges

    “Societal Development is the aim of Space Technology:  Dr. A S Kiran Kumar

    “Societal Development is the aim of Space Technology: Dr. A S Kiran Kumar

    Want to study abroad: These platforms are enabling the best scholarships for overseas education

    Want to study abroad: These platforms are enabling the best scholarships for overseas education

    Need for self-dependent students in self-reliant India

    Need for self-dependent students in self-reliant India

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    New Globalization Redefines MBA

    New Globalization Redefines MBA

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    How to get your dream specialty in INI CET counseling:  Tips by Gaurav Tyagi

    How to get your dream specialty in INI CET counseling: Tips by Gaurav Tyagi

    Deakin University introduces 12-month Master of Data Science (Global) in collaboration with Great Learning

    Around 4000 jobs posted everyday during the festive  season’22

    Around 4000 jobs posted everyday during the festive season’22

    OMOTEC to conduct 10-day Robotics Workshop for students

    OMOTEC to conduct 10-day Robotics Workshop for students

    Dr Mukesh Kwatr

    Development can go hand with forestation: Dr.Mukesh Kwatra

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    How to make your future bright in Naturopathy: Dr N K Sharma

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    Blended learning is an important pedagogy for B-Schools

    Blended learning is an important pedagogy for B-Schools

    Understanding the objective of fellowship is important

    Understanding the objective of fellowship is important

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    “Societal Development is the aim of Space Technology:  Dr. A S Kiran Kumar

    “Societal Development is the aim of Space Technology: Dr. A S Kiran Kumar

    Wipro earthian awards 2021 felicitate excellence in sustainability education

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    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    UAE leads winners at GESS Education Awards

    UAE leads winners at GESS Education Awards

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    BML Munjal University in Partnership with Indian Academy of Management hosts workshop to encourage management research

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    The next important event is the citywide teachers’ council!

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    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

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  • Home
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    The highest education budget ever

    The highest education budget ever

    Education Ministry recieves 1.12 lakh crore from the centre

    Education Ministry recieves 1.12 lakh crore from the centre

    Surge in education budget allocation

    Surge in education budget allocation

    The union budget 2023-2024

    The union budget 2023-2024

    1.12 lakh crore has been allocated to Education Ministry, recorded highest

    1.12 lakh crore has been allocated to Education Ministry, recorded highest

    Private Universities in Karnataka Protest against the Use of ChatGPT

    Private Universities in Karnataka Protest against the Use of ChatGPT

    Indian start-ups raised 33% less (YoY) in CY22 at nearly USD 24 billion; Early-stage funding grew by 12%: PwC India Report

    Indian start-ups raised 33% less (YoY) in CY22 at nearly USD 24 billion; Early-stage funding grew by 12%: PwC India Report

    France to increase its intake of Indian students manifold

    France to increase its intake of Indian students manifold

    IIT JEE Mains and IIT JEE Advanced eligibility standards will be loosened by the Education Ministry

    IIT JEE Mains and IIT JEE Advanced eligibility standards will be loosened by the Education Ministry

    UGC Requests Comments on the Proposed Rules for Establishing Foreign Educational Campuses in India

    UGC Requests Comments on the Proposed Rules for Establishing Foreign Educational Campuses in India

  • Academics
    • All
    • Admission
    • Exams
    • Internship
    • Results
    • Scholarship
    • Study Abroad
    Institute of Bakery & Culinary Arts Invites Application for Various Courses

    Institute of Bakery & Culinary Arts Invites Application for Various Courses

    Deakin University introduces 12-month Master of Data Science (Global) in collaboration with Great Learning

    WHISTLING WOODS INTERNATIONAL HOSTED THE 2ND EDITION OF THE MEDIA & COMMUNICATION-MASTERCLASS MARATHON FEATURING RENOWNED WOMEN LEADERS FROM THE M&E INDUSTRY

    WHISTLING WOODS INTERNATIONAL HOSTED THE 2ND EDITION OF THE MEDIA & COMMUNICATION-MASTERCLASS MARATHON FEATURING RENOWNED WOMEN LEADERS FROM THE M&E INDUSTRY

    MDI Gurgaon business school wins RPG Blizzard 2022

    MDI Gurgaon business school wins RPG Blizzard 2022

    Applications for Paramedical Programmes now Open

    Applications for Paramedical Programmes now Open

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Updates regarding NEET UG Counselling 2021

    Updates regarding NEET UG Counselling 2021

    Online learning a boon for the CAT 2021 topper

    Online learning a boon for the CAT 2021 topper

  • Ed-Leaders’ Corner
    • All
    • Higher Education
    • K12
    What can Indian medical students expect when pursuing a career in medicine :   Advice from St. George’s University School of Medicine in Grenada

    What can Indian medical students expect when pursuing a career in medicine : Advice from St. George’s University School of Medicine in Grenada

    Avanse Financial Services’ half-yearly results resonate with the growing demand among students to access quality education

    Avanse Financial Services’ half-yearly results resonate with the growing demand among students to access quality education

    Ireland opens opportunities for Indian students, announces on-  ground Education Fairs in November

    Ireland opens opportunities for Indian students, announces on- ground Education Fairs in November

    #StrongMindPalace – Building mental fortitude for life’s challenges

    #StrongMindPalace – Building mental fortitude for life’s challenges

    “Societal Development is the aim of Space Technology:  Dr. A S Kiran Kumar

    “Societal Development is the aim of Space Technology: Dr. A S Kiran Kumar

    Want to study abroad: These platforms are enabling the best scholarships for overseas education

    Want to study abroad: These platforms are enabling the best scholarships for overseas education

    Need for self-dependent students in self-reliant India

    Need for self-dependent students in self-reliant India

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    New Globalization Redefines MBA

    New Globalization Redefines MBA

  • Jobs
    • All
    • Career Advice
    • Get a Job
    • Recruit
    How to get your dream specialty in INI CET counseling:  Tips by Gaurav Tyagi

    How to get your dream specialty in INI CET counseling: Tips by Gaurav Tyagi

    Deakin University introduces 12-month Master of Data Science (Global) in collaboration with Great Learning

    Around 4000 jobs posted everyday during the festive  season’22

    Around 4000 jobs posted everyday during the festive season’22

    OMOTEC to conduct 10-day Robotics Workshop for students

    OMOTEC to conduct 10-day Robotics Workshop for students

    Dr Mukesh Kwatr

    Development can go hand with forestation: Dr.Mukesh Kwatra

    How to make your future bright in Naturopathy: Dr N K Sharma

    How to make your future bright in Naturopathy: Dr N K Sharma

    Dr Sunita Gandhi

    Help teachers overcome the fear of tech: Dr. S Gandhi

    Blended learning is an important pedagogy for B-Schools

    Blended learning is an important pedagogy for B-Schools

    Understanding the objective of fellowship is important

    Understanding the objective of fellowship is important

  • Events
    • All
    • Events
    “Societal Development is the aim of Space Technology:  Dr. A S Kiran Kumar

    “Societal Development is the aim of Space Technology: Dr. A S Kiran Kumar

    Wipro earthian awards 2021 felicitate excellence in sustainability education

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    UAE leads winners at GESS Education Awards

    UAE leads winners at GESS Education Awards

    bml munjal

    BML Munjal University in Partnership with Indian Academy of Management hosts workshop to encourage management research

    The next important event is the citywide teachers’ council!

    The next important event is the citywide teachers’ council!

    TiE Delhi-NCR partners with Brainfeed

    TiE Delhi-NCR partners with Brainfeed to host ‘India Education Entrepreneurship Day’

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

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Exploring innovation BLV Rao Founder & CEO – Innov Accel

BLV Rao Founder & CEO - Innov Accel

We need to think now especially when we say today that’ India is a nation of innovation’, but we are not able to solve these basic fundamentals

Innovation can happen in three ways:

  • In building a product
  • Through changing a process, or
  • Coming up with something innovative in service

Innovation is not only about building a product, but is also about improving a product. Let us say today if a petrol car giving around 14 to 15 miles is worked upon and its efficiency is improved up to 35 miles, then that becomes innovation. We are not building a product but rather improving its efficiency, and the technology can be patented as well.

Advancement can be in a business disruptive as well. For example, in the online market we had Snapdeal and Flipkart, and so many online products, but among them Amazon saw in India a big market with 130 crore population, and came up with a consumer-friendly idea to deliver the product, that if the buyer does not like the product they can return it and immediately get their money back. That ways Amazon augmented its credibility and also increased its revenue.

Today, when I buy a mobile from Amazon, I can simultaneously view the trending mobiles in the market, what are the best products available, what offers am I getting in them and what not. That ways they understand the pulse of the customer, they are able to read what you need and give an alternative. For example, I ordered for something, that they were not able to deliver on time.

They send me the product immediately without charging, I said I don’t want it, to that their response was ‘sorry but please accept it, and you do not have to pay for it’. This is how they are improving the customer’s experience, and that is innovation.

We have seen products like mobiles coming and capturing the market, but innovation is also there in service. If one wishes to launch a portal, where all the electronics and molded gadgets will be available with details, like the product’s warranty, it’s service centers located in the nearby area etc, then that too is a way of creating a market, and thus is innovation. Advancement can happen in any way. It could be in business or on the fields of technology and science too.

People look at India from a very different prospect. We all use innovation, but we still do not know what it means. Novelty does not only mean that I invent a new product; it also means to improve the existing product. For example, we worked on one of our products and from 228 parts we brought it down to 106 parts, thus we increased the efficiency of that particular engine by 45% and reduced its weight by 38% that is innovation.

Today, what we need is education in innovation. The fundamentals of our academics have to change. There is resistance because most of the academicians are above the age of 50 or 60 and not ready to modify, whereas revolution has to come from them. The student is ready, but the academics and institutions are not able to give good and quality education.

The mindset has to change! We need to think on the lines of why India needs innovation and what is the meaning of the word and also what kind of improvement do we need. Let us take for example the political system and the whole concept of e-governance. The Government needs to change its policies and operational style. It needs to integrate everything. Today, if I have to pay property tax I would have to go somewhere else, for electricity bill payment I need to go somewhere, the Government should do something which can help me pay all my dues and 10 or 20 transactions in one click. There should be measure of doing it. Also, if someone wants a duplicate certificate in 10th standard, there should be a proper procedure to follow.

Therefore, we need to start working on improving our fundamentals and that would be the source of innovation. This country needs fundamental understanding, and needs to think out of the box, and accept change, in fact that would be the biggest change.

Tags: BLV Rao Founder & CEO - Innov AccelExploring innovation BLV Rao Founder & CEO - Innov Accel

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