Rural India accounts for around 50 per cent of India’s gross domestic product (GDP) and houses nearly 70 per cent of the country’s population. The market is a unique mix of burgeoning incomes and growing aspirations of around 850 million consumers who inhabit about 650,000 villages in the country.
India is amongst the top-ranking countries in the field of basic research. Indian Science is one of the most powerful segments for growth and development, especially in the emerging scenario and competitive economy.
India has a well-developed semiconductor design industry, with 120 design units and is ranked second among countries such as the US, the UK, Germany, Sweden, China, Taiwan and Israel in terms of design revenues.
The Voice of Indian Innovation Ajit Narayanan, an electrical engineer from Indian Institute of Technology Madras (IIT Madras), is the inventor of Avaz, India's first augmentative and alternative communication device for children with disabilities.
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