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Innovation in India - Is There a Magical Solution?
India has created an Indian innovation index, which is a customized version of the global Indian innovation index. And then that actually provides a stimulus for different states to compete with each other and try to provide even more conducive environment for attracting investments or so on. So what you're finding is that you have to be able to get the basic building blocks of having good human capital, good physical capital, good market conditions all there in place. But at the same time, you have to also have it aligned to fit your own national or regional strategies.