INDIGENOUS DEVELOPMENT - An energy drink to The Nation

The imperativeness of the indigenous technology is that it catalysts the economic growth of the country along with demonstrating our technical superiority. The initiative towards the indigenous technologies also helps the organization as well as its nation in attaining self-reliance. An initiative towards indigenous technology development provides excellent opportunities for innovation and in revolutionizing our technological competitiveness.

The progression of indigenous technology development stimulates nation’s intellectual capacity building, thus creating a demand for home made products in the global market. Implementing a strategy for indigenous development provides the consumer with a set of alternatives and enhances the competitiveness in the global market. The indigenous technology development also plays an important role in minimizing the imports and also provides a better bargain in Intellectual property or technology market.

The strategic alliance between the various technology developers would offer:
Benefit from mutual technological, managerial and financial strengths.
Setting up of realistic specifications, reduction & optimization in development
Minimizing the time to market
Encouragement for the development of spin-off technologies
This will significantly raise the value chain for the products in domestic market.
Effective cost control on products could be implemented.
There could be bright opportunities for creating Intellectual property and uplift the company’s Intellectual capital through its exploitation.

To promote indigenously developed technology it is necessary to have a focused and sustained effort. We as techies must get passionate, demonstrate our capabilities every time on the new challenges of the futuristic business environment. It is imperative to commit oneself to the core of technology development through continuously update the knowledge in the given field of technology. The indigenous development demonstrates our command over the ever changing technology. Thus it boosts our confidence in risk taking.

Recent, successful launch of Chandrayaan-I made the whole world to open their eyes for the technological capabilities of the mother country. Chandrayaan-I with an un-insured budget of Rs.386 Crores has demonstrated the superior potential of techies in exercising critical missions with a passion, a commitment and a pride for the nation.