<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: NYT on slow pace of innovation in India</title>
	<atom:link href="http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513/feed" rel="self" type="application/rss+xml" />
	<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513</link>
	<description>Indian startups &#124; Entrepreneurship &#124; India Internet</description>
	<lastBuildDate>Tue, 07 Feb 2012 07:25:18 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
	<item>
		<title>By: <fb:name linked="false" useyou="false" uid="100003064450947">Southcity Packers Movers</fb:name></title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-20396</link>
		<dc:creator><fb:name linked="false" useyou="false" uid="100003064450947">Southcity Packers Movers</fb:name></dc:creator>
		<pubDate>Sat, 04 Feb 2012 12:41:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-20396</guid>
		<description>i feel that you are a good reader in your subject
&lt;a&gt;Haldwani Packers Movers&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>i feel that you are a good reader in your subject<br />
<a>Haldwani Packers Movers</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: <fb:name linked="false" useyou="false" uid="100003064450947">Southcity Packers Movers</fb:name></title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-20395</link>
		<dc:creator><fb:name linked="false" useyou="false" uid="100003064450947">Southcity Packers Movers</fb:name></dc:creator>
		<pubDate>Sat, 04 Feb 2012 12:40:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-20395</guid>
		<description>I am attractive from your blogs you have important information for me tanks
&lt;a href=&quot;http://www.packersmoverslucknow.in&quot; rel=&quot;nofollow&quot;&gt;Lucknow Packers Movers&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>I am attractive from your blogs you have important information for me tanks<br />
<a href="http://www.packersmoverslucknow.in" rel="nofollow">Lucknow Packers Movers</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: <fb:name linked="false" useyou="false" uid="100003064450947">Southcity Packers Movers</fb:name></title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-20394</link>
		<dc:creator><fb:name linked="false" useyou="false" uid="100003064450947">Southcity Packers Movers</fb:name></dc:creator>
		<pubDate>Sat, 04 Feb 2012 12:40:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-20394</guid>
		<description>This topic is very intresting for me so thanks
&lt;a href=&quot;http://www.southcitypackersmovers.com&quot; rel=&quot;nofollow&quot;&gt;Delhi Packers Movers&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>This topic is very intresting for me so thanks<br />
<a href="http://www.southcitypackersmovers.com" rel="nofollow">Delhi Packers Movers</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Deepak</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-20375</link>
		<dc:creator>Deepak</dc:creator>
		<pubDate>Tue, 10 Jan 2012 15:39:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-20375</guid>
		<description>little innovation happening in the Indian tech scene this is real scene......</description>
		<content:encoded><![CDATA[<p>little innovation happening in the Indian tech scene this is real scene&#8230;&#8230;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Vaibhav</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-20298</link>
		<dc:creator>Vaibhav</dc:creator>
		<pubDate>Wed, 09 Nov 2011 22:55:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-20298</guid>
		<description>I am not here to argue on what is missing in India and what is there. I am not sure of all the people who made a comment here, how many are really interested in doing something big.

I dream of creating something innovative yet useful and during my search to find like minded people on the internet I ended up reading this blog.

If anyone here shares the same feeling and is willing to devote some time of their day in realizing that dream then please feel free to connect with me through my email-  v_singh@live.com.</description>
		<content:encoded><![CDATA[<p>I am not here to argue on what is missing in India and what is there. I am not sure of all the people who made a comment here, how many are really interested in doing something big.</p>
<p>I dream of creating something innovative yet useful and during my search to find like minded people on the internet I ended up reading this blog.</p>
<p>If anyone here shares the same feeling and is willing to devote some time of their day in realizing that dream then please feel free to connect with me through my email-  <a href="mailto:v_singh@live.com">v_singh@live.com</a>.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Prasanna</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-20079</link>
		<dc:creator>Prasanna</dc:creator>
		<pubDate>Mon, 01 Aug 2011 05:58:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-20079</guid>
		<description>You guys are the typical bunch who want to &quot;appear very intellectual&quot; but have very little or no substance. Stop yakking and start doing something - if you don&#039;t have any ideas, at least keep quiet and stop bullshitting all over the place.</description>
		<content:encoded><![CDATA[<p>You guys are the typical bunch who want to &#8220;appear very intellectual&#8221; but have very little or no substance. Stop yakking and start doing something &#8211; if you don&#8217;t have any ideas, at least keep quiet and stop bullshitting all over the place.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Adrianna Roberts</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-20070</link>
		<dc:creator>Adrianna Roberts</dc:creator>
		<pubDate>Wed, 27 Jul 2011 09:00:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-20070</guid>
		<description>a bookmark to this blog was provided by Christian Dillstrom,  the mobile and social media marketing veteran - so you must be doing an excellent job.</description>
		<content:encoded><![CDATA[<p>a bookmark to this blog was provided by Christian Dillstrom,  the mobile and social media marketing veteran &#8211; so you must be doing an excellent job.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Rohit Kohli</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-20003</link>
		<dc:creator>Rohit Kohli</dc:creator>
		<pubDate>Tue, 21 Jun 2011 21:34:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-20003</guid>
		<description>Hello,
India consist of middle class people, we in india are more concerned on our future rather concentrating on our present, this doesn&#039;t allow us to take risk, there is no lack of innovation, I have an idea to connect people so that they can express themselves and share their problems and by the virtue of discussion can arrive a common solution, these requires a tool that i am trying to develop for the time being i developed a website www.evoljournal.com where people can express themselves, now I came across problems which involves funding, this is a situation in india therefore an idea takes a long road to achieve its aim in India</description>
		<content:encoded><![CDATA[<p>Hello,<br />
India consist of middle class people, we in india are more concerned on our future rather concentrating on our present, this doesn&#8217;t allow us to take risk, there is no lack of innovation, I have an idea to connect people so that they can express themselves and share their problems and by the virtue of discussion can arrive a common solution, these requires a tool that i am trying to develop for the time being i developed a website <a href="http://www.evoljournal.com" rel="nofollow">http://www.evoljournal.com</a> where people can express themselves, now I came across problems which involves funding, this is a situation in india therefore an idea takes a long road to achieve its aim in India</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: K M Rao</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-19674</link>
		<dc:creator>K M Rao</dc:creator>
		<pubDate>Tue, 07 Dec 2010 17:57:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-19674</guid>
		<description>Who says there is no innovation in India. Did you not hear of one A raja, Lalit Modi, Gali brothers, Y S R Reddy !!!. They have taken innovation to such a high level no one in the rest of the world could emulate them.</description>
		<content:encoded><![CDATA[<p>Who says there is no innovation in India. Did you not hear of one A raja, Lalit Modi, Gali brothers, Y S R Reddy !!!. They have taken innovation to such a high level no one in the rest of the world could emulate them.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Raj Kiran Singh</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-19673</link>
		<dc:creator>Raj Kiran Singh</dc:creator>
		<pubDate>Mon, 06 Dec 2010 19:47:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-19673</guid>
		<description>You cannot expect everything thing to turn up over night. There is no lack of innovation in India, we innovate at scale which is feasible for us. If somebody expects that we should come up with new Microsoft, Google or Apple, well then they would have to wait some time.

Enterpreneur ship is its very early stages in India.

Current generation (kids of late 70s and early 80s) is very enthusiatic, I have many friends including my self who try to break the old mould and do something new, but please keep in my that we have be fed for 10 years, to study hard, get a job and get married.</description>
		<content:encoded><![CDATA[<p>You cannot expect everything thing to turn up over night. There is no lack of innovation in India, we innovate at scale which is feasible for us. If somebody expects that we should come up with new Microsoft, Google or Apple, well then they would have to wait some time.</p>
<p>Enterpreneur ship is its very early stages in India.</p>
<p>Current generation (kids of late 70s and early 80s) is very enthusiatic, I have many friends including my self who try to break the old mould and do something new, but please keep in my that we have be fed for 10 years, to study hard, get a job and get married.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jagan</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-19273</link>
		<dc:creator>Jagan</dc:creator>
		<pubDate>Wed, 21 Apr 2010 07:53:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-19273</guid>
		<description>Hi,

A very thought provoking post indeed. When we see many &#039;uprisings&#039; in entrepreneurship - websites, magazines, funds, conferences etc. one might think India is brimming with a dozen of &#039;next big things&#039;. 

Working as a development manager in a business incubator which is a part of one of the best universities in India. I often come across many ideas from students and faculties. from my interactions with student community (in general), i felt the type of education imparted in our colleges contributes a lot to the &#039;less innovative thinking&#039; among us. 

You see, I spotted this post through a software developed two Stanford graduates. Most of us uses an operating system developed by a crazy group of college dropouts. We network online through the software developed by a Harvard undergraduate.

We learned many things in undergraduate studies. but we were so neck deep in academics that we missed the big market of opportunities. 

There cannot be true innovation in India unless untill we encourage our engineers/graduates to correlate what they study with what they see. 
You will then identify the what is missing or what can be added. Such an ecosystem must evolve around our Universities/Colleges.</description>
		<content:encoded><![CDATA[<p>Hi,</p>
<p>A very thought provoking post indeed. When we see many &#8216;uprisings&#8217; in entrepreneurship &#8211; websites, magazines, funds, conferences etc. one might think India is brimming with a dozen of &#8216;next big things&#8217;. </p>
<p>Working as a development manager in a business incubator which is a part of one of the best universities in India. I often come across many ideas from students and faculties. from my interactions with student community (in general), i felt the type of education imparted in our colleges contributes a lot to the &#8216;less innovative thinking&#8217; among us. </p>
<p>You see, I spotted this post through a software developed two Stanford graduates. Most of us uses an operating system developed by a crazy group of college dropouts. We network online through the software developed by a Harvard undergraduate.</p>
<p>We learned many things in undergraduate studies. but we were so neck deep in academics that we missed the big market of opportunities. </p>
<p>There cannot be true innovation in India unless untill we encourage our engineers/graduates to correlate what they study with what they see.<br />
You will then identify the what is missing or what can be added. Such an ecosystem must evolve around our Universities/Colleges.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Vidya</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-19225</link>
		<dc:creator>Vidya</dc:creator>
		<pubDate>Sun, 07 Mar 2010 23:00:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-19225</guid>
		<description>Hello Pranav, your blog post highlights a key issue, namely the lack of seed funding crucial to nurture a start up.  I would also contend that along with the initial seed investment, having other serial entrepreneurs as advisors is also critical to getting things off the ground correctly. It would be worthwhile to mention that the US recently introduced a bill called the StartUpVisa Act in the Senate http://bit.ly/chjgor. If passed, it might have the consequence of attracting more Indian entrepreneurial talent to the US.</description>
		<content:encoded><![CDATA[<p>Hello Pranav, your blog post highlights a key issue, namely the lack of seed funding crucial to nurture a start up.  I would also contend that along with the initial seed investment, having other serial entrepreneurs as advisors is also critical to getting things off the ground correctly. It would be worthwhile to mention that the US recently introduced a bill called the StartUpVisa Act in the Senate <a href="http://bit.ly/chjgor" rel="nofollow">http://bit.ly/chjgor</a>. If passed, it might have the consequence of attracting more Indian entrepreneurial talent to the US.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Joe</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-19135</link>
		<dc:creator>Joe</dc:creator>
		<pubDate>Tue, 19 Jan 2010 08:12:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-19135</guid>
		<description>In an indian context a few things matter most - Family views, Securing ones future, avoiding authorities when possible and buy gold, govt bonds or FD, property if possible...This thinking comes from their parents who have slogged their backs off and saved money all through their lives...It is very difficult to shake this monkey off!

I did it and only bcos i am doing ok it doesnt matter otherwise i would have been termed a loser!!

Indians need to know they can...like in Matrix...choose between the Red or Blue Pill...we need a Morpheus brigade !!</description>
		<content:encoded><![CDATA[<p>In an indian context a few things matter most &#8211; Family views, Securing ones future, avoiding authorities when possible and buy gold, govt bonds or FD, property if possible&#8230;This thinking comes from their parents who have slogged their backs off and saved money all through their lives&#8230;It is very difficult to shake this monkey off!</p>
<p>I did it and only bcos i am doing ok it doesnt matter otherwise i would have been termed a loser!!</p>
<p>Indians need to know they can&#8230;like in Matrix&#8230;choose between the Red or Blue Pill&#8230;we need a Morpheus brigade !!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Sushant @ Techooze</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-19123</link>
		<dc:creator>Sushant @ Techooze</dc:creator>
		<pubDate>Thu, 14 Jan 2010 06:22:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-19123</guid>
		<description>Innovation in India is way more than any other country(My Thinking) but there is lack of awareness. The young entrepreneurs are suppressed by conditions here in India. When I started blogging people around me laughed at the idea of income from ads by other people clicking at them and instead of exploring any other field many of us are forced to move along the crowd. For them a 9 to 5 job is good rather than earning more money and working from home.</description>
		<content:encoded><![CDATA[<p>Innovation in India is way more than any other country(My Thinking) but there is lack of awareness. The young entrepreneurs are suppressed by conditions here in India. When I started blogging people around me laughed at the idea of income from ads by other people clicking at them and instead of exploring any other field many of us are forced to move along the crowd. For them a 9 to 5 job is good rather than earning more money and working from home.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Nimesh</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-19056</link>
		<dc:creator>Nimesh</dc:creator>
		<pubDate>Sun, 27 Dec 2009 07:03:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-19056</guid>
		<description>I absolutely agree with the idea about lack of innovation in India. I read a similar article but in a different direction in venturewoods.org, where the author has discussed about why we need product based technology startups in India. You can have a read here http://www.venturewoods.org/index.php/2009/12/17/why-india-needs-more-tech-software-companies/</description>
		<content:encoded><![CDATA[<p>I absolutely agree with the idea about lack of innovation in India. I read a similar article but in a different direction in venturewoods.org, where the author has discussed about why we need product based technology startups in India. You can have a read here <a href="http://www.venturewoods.org/index.php/2009/12/17/why-india-needs-more-tech-software-companies/" rel="nofollow">http://www.venturewoods.org/index.php/2009/12/17/why-india-needs-more-tech-software-companies/</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Rajat</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-19041</link>
		<dc:creator>Rajat</dc:creator>
		<pubDate>Mon, 21 Dec 2009 21:38:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-19041</guid>
		<description>Innovation is there i agree, but in bits and chunks. And i also agree that many people even though talented enough still donot get support for e.g see this http://www.youtube.com/watch?v=BPN3gLVDsOY

This guy can easily be one of the best rock climbers in the world but very few people even know about him even in India, and nobody cares.If he would have been born in some western country by this time he would have been very popular.
The chalta hai attitue is killing us and the nature to not help each other to succeed is also a problem.</description>
		<content:encoded><![CDATA[<p>Innovation is there i agree, but in bits and chunks. And i also agree that many people even though talented enough still donot get support for e.g see this <a href="http://www.youtube.com/watch?v=BPN3gLVDsOY" rel="nofollow">http://www.youtube.com/watch?v=BPN3gLVDsOY</a></p>
<p>This guy can easily be one of the best rock climbers in the world but very few people even know about him even in India, and nobody cares.If he would have been born in some western country by this time he would have been very popular.<br />
The chalta hai attitue is killing us and the nature to not help each other to succeed is also a problem.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: kumbham dilip</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-19039</link>
		<dc:creator>kumbham dilip</dc:creator>
		<pubDate>Mon, 21 Dec 2009 11:30:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-19039</guid>
		<description>hey !  i think we are quite innovative , but problem is in action 
 and action isnt there because we dont get much support from our nearest  friends ,teachers and relatives leave VC , having VC funds doesnt bring much innovations , innvoations happens from universities , participating in quality discussions. the more and more we discuss the more products u c from india !</description>
		<content:encoded><![CDATA[<p>hey !  i think we are quite innovative , but problem is in action<br />
 and action isnt there because we dont get much support from our nearest  friends ,teachers and relatives leave VC , having VC funds doesnt bring much innovations , innvoations happens from universities , participating in quality discussions. the more and more we discuss the more products u c from india !</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Rajat</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-19001</link>
		<dc:creator>Rajat</dc:creator>
		<pubDate>Mon, 14 Dec 2009 16:16:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-19001</guid>
		<description>I personally feel its mostly human nature to follow a trend (as it seems safer), if one VC invests in a company that turns out to be the next google from India, then plenty will follow soon.
There are ways to get around this problem.
There is a thriving indian community in western countries whether in USA,canada or UK.Why not we people create a pool and put in some money and start investing in startups in India or launch our own startups.Might seem like a stupid idea to some.Shall we create a website for this and take up this idea.

Also startups in India can take help from their contacts in US or other countries and ask them to pitch for them in front of VC&#039;s there.
 I think we should think in terms of global markets when we are launching products.
I really donot understand when we launch service companies we think globally but when we launch products we think in terms of local market only (which might not be mature at this time for the internet) 

Also innovation comes from thinking long term.I think its in our culture to think short term, that shows in our vision for creating fly overs that only help to sooth traffic for a while, or joining bigger companies for money. Sticking to a service + product model might work i.e. to say doing &#039;service&#039; work to survive and doing &#039;product&#039; innovation to thrive.Once product initiatives pick up , then service work should be stopped.</description>
		<content:encoded><![CDATA[<p>I personally feel its mostly human nature to follow a trend (as it seems safer), if one VC invests in a company that turns out to be the next google from India, then plenty will follow soon.<br />
There are ways to get around this problem.<br />
There is a thriving indian community in western countries whether in USA,canada or UK.Why not we people create a pool and put in some money and start investing in startups in India or launch our own startups.Might seem like a stupid idea to some.Shall we create a website for this and take up this idea.</p>
<p>Also startups in India can take help from their contacts in US or other countries and ask them to pitch for them in front of VC&#8217;s there.<br />
 I think we should think in terms of global markets when we are launching products.<br />
I really donot understand when we launch service companies we think globally but when we launch products we think in terms of local market only (which might not be mature at this time for the internet) </p>
<p>Also innovation comes from thinking long term.I think its in our culture to think short term, that shows in our vision for creating fly overs that only help to sooth traffic for a while, or joining bigger companies for money. Sticking to a service + product model might work i.e. to say doing &#8216;service&#8217; work to survive and doing &#8216;product&#8217; innovation to thrive.Once product initiatives pick up , then service work should be stopped.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: VLSI Training Institute</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-18992</link>
		<dc:creator>VLSI Training Institute</dc:creator>
		<pubDate>Fri, 11 Dec 2009 15:58:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-18992</guid>
		<description>One thing need to understand that India is having huge middle class base but it is not consumer base. So no product innovation can be profitable till active consumer base increase. 

In India till now people are dead scared of using credit card online. Even offline use is also very limited to high-tech cities. 

Till actual consumption does not grow the product or innovation development cycle will not complete.</description>
		<content:encoded><![CDATA[<p>One thing need to understand that India is having huge middle class base but it is not consumer base. So no product innovation can be profitable till active consumer base increase. </p>
<p>In India till now people are dead scared of using credit card online. Even offline use is also very limited to high-tech cities. </p>
<p>Till actual consumption does not grow the product or innovation development cycle will not complete.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jojo Joson</title>
		<link>http://www.startupdunia.com/entrepreneurship/nyt-on-slow-pace-of-innovation-in-india-2513#comment-18986</link>
		<dc:creator>Jojo Joson</dc:creator>
		<pubDate>Fri, 11 Dec 2009 03:18:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.startupdunia.com/?p=2513#comment-18986</guid>
		<description>What we need is not talks, symposiums, seminars etc.

What we need is action.</description>
		<content:encoded><![CDATA[<p>What we need is not talks, symposiums, seminars etc.</p>
<p>What we need is action.</p>
]]></content:encoded>
	</item>
</channel>
</rss>

