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India emerging as important global R

Written by: Staff
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New Delhi, Dec 5 (UNI) India is emerging as an important research and development destination in the world because a solution found here has a market larger than two or three western countries, Science and Technology Minister Kapil Sibal said today.

''The advantage of affordable human resource base available in India is attracting competitive global market to fulfil consumer desires of the best possible product at the cheapest possible prices,'' Mr Sibal said while presiding over the session on 'India-The R&D Destination' during the ongoing three-day conference on 'Mind to Market'.

Earlier, Evalueserve Country Head Ashish Gupta said it was not the journey from mind to market but from mind to mindset and then to market that was important for India.

He said the mindset that knowledge should not be used to make money had to be changed to increase the pace of research and development in the country.

UNI YJ RL KN1631

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