new ideas, new visions – innovation in smes

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NEW IDEAS, NEW VISIONS – INNOVATION IN SMES Susanta Bhattacharya 17th Sep 2010

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Susanta Bhattacharya 17th Sep 2010. New ideas, new visions – Innovation in SMEs. Innovation. Change in the thought process for doing something with a goal of making something better. Desirable. Innovation. Affordable. Viable. Context – What is unique?. Connectivity Per capita income - PowerPoint PPT Presentation

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Page 1: New ideas, new visions – Innovation in SMEs

NEW IDEAS, NEW VISIONS – INNOVATION IN SMES

Susanta Bhattacharya17th Sep 2010

Page 2: New ideas, new visions – Innovation in SMEs

Innovation Change in the thought process

for doing something with a goal of making something better.

Desirable

ViableAffordable

Innovation

Page 4: New ideas, new visions – Innovation in SMEs

Change the game

• Reduce Impact – Make it insignificant• Move up in the value chain• High Quality Premium segment

• Example : Green Tea, Organic Farming, Small size high quality handicraft

• Industries with no direct transportation cost• BPO and ancillaries like Training• Distant learning• KPO – Lawyer/Doctor/Education

• Target local market – low transportation cost advantage• Food processing

Connectivity – High transportation cost

Page 5: New ideas, new visions – Innovation in SMEs

Change the game

• Labor arbitrage possibility – Knowledge IndustriesHigh literacy – low per capita

• Migrated population willing to contribute back to the region• Develop a Database – Social Networking• Make them part of the program• Industry consultants

• Tourism/ retirement resort focused on migrated population

Migration of skilled manpower

• Common program – economies of scale• Tourism Campaign• Common IT initiatives

Cluster of states

Page 6: New ideas, new visions – Innovation in SMEs

Leverage IT to empower SMEs

Software Development and Testing Satellite Centers Focus areas: eGovernance; Local Mobile

Apps; Web design Northeast Cloud

IT Enable SMEs BPO/KPO ancillary units

Training institutes

Page 7: New ideas, new visions – Innovation in SMEs

Thank You

Page 8: New ideas, new visions – Innovation in SMEs

NORTH EAST - TODAY• Total population of 38 Mn.

• Covering about 8% of the total geographical area of the country.

• 98% of its border is with five different countries of South Asia–Nepal, Bhutan, China, Myanmar and Bangladesh

EconomyPopulation & Education

Arunachal Pradesh

Assam

All India

Manipur

 Tripura

0 10 20 30 40 50 60 70 80 90 10054.74

63.3164.2864.4865.3867.1168.8769.68

73.6688.49

Literacy Rate                                                   

            Above National Avg

Below National Avg

Arunac

hal P

rades

hAssa

m

Manipu

r*

Meghala

ya

Mizoram

Nagala

ndSik

kimTri

pura

0%20%40%60%80%

100%

21 13 26 20 50

17 11 17

79 87 73 80 50

83 89 83

Rural vs Urban Polulation Mix

% age of Urban Population % age of Rural Population

Facts to note

State Universities

Institutions deemed to

be universities

Institutions of National Importance

Arts, Science and Commerce Colleges

Oriental learning colleges

Agriculture colleges

Law colleges

Arunachal Pradesh 1 - - 9 - - -

Assam 5 1 1 320 1 2 20Meghalaya 1 - - 48 - - 3Manipur 2 - - 58 - - 3Mizoram 1 - - 27 - - 2Nagaland 1 - - 34 - 1 3Sikkim 2 - - 3 - - 3Tripura 1 - - 14 - - 1