Ideas of India Naushad Forbes on Building Innovation in Industry
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In this episode, Shruti speaks with Naushad Forbes about his new book, “The Struggle and the Promise: Restoring India’s Potential.” They discuss why Indian companies spend so little on R&D, how companies learn and innovate, protectionism vs. open markets, higher education reforms and much more. Forbes is the co-chairman of Forbes Marshall, India’s leading steam engineering and control instrumentation firm. He chairs the steam engineering companies within the group. He is also the chairman of Ananta Aspen Centre and was president of the Confederation of Indian Industry in 2016-17. Further, he is the chairman of the Centre for Technology, Innovation and Economic Research in Pune.
Recorded April 30th, 2022
Read a full transcript of this episode enhanced with helpful links.
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