FDI in R&D in India-Reji K. Joseph, Biswajit Dhar & Akoijam Amitkumar Singh

How much foreign direct investment is taking place in R&D in India? 
MNCs using Indian talent for research but innovation comes out of development in other countries!!!
Is DSIR recognition relevant?

Interesting aspects highlighed in this paper.
1.RDFDI inflows into India during the period of analysis (2004-16)  was Rs. 54862.6 Mn. This constitutes 0.4 per cent of total FDI inflows into India.
2. RDFDI was concentrated in four sectors—ICT, natural sciences and engineering (NSE), pharmaceuticals and clinical research, which accounted for more than 80 per cent of total RDFDI.
3. Only one‐fourth of RDFDI has come to DSIR recognised firms. None of the firms in the ICT sector, which received the maximum RDFDI inflows, has DSIR recognised in‐house R&D units.
4.The share of FDI companies in corporate sector R&D is only 3 per cent.
5. Data collected from USPTO on number of patents granted in which India is an inventor country and assignee country shows that there is a growing trend of companies based in foreign countries taking patent on the outputs of R&D conducted in India. Since 2002, there has been a steady decline in the share of India based inventions receiving India as the assignee country status. Of late, only 15 per cent of the patents granted by USPTO in which India is mentioned as an inventor country, having India as the assignee country; this share was 58 per cent in 2002. 

Braille Phone by Sumit Dagar

Braille Phone , creation of designer Sumit Dagar is at concept stage. He is looking for funds.Details:  http://sumitdagar.tumblr.com/#897747753

Pope gets India made 3 wheeler

Roberto Colaninno, Chairman, Piaggio Group and Ravi Chopra – Chairman and Managing Director (CMD), Piaggio Vehicles Pvt. Ltd. (PVPL) the Indian subsidiary of the Italian two and three wheeler major presented two (2) "Made in India" ape - Calessino 3-wheelers to His Holiness Pope Benedict XVI at the Vatican recently to mark the 60th anniversary of the production start-up of the Piaggio's ape´. The two vehicles have been especially customised for His Holy Father.
source: indiainfoline

Designs from IIT, Mumbai

Design Degree show 2008 exhibits several industrial designs created by of IIT, Mumbai industrial Design students, 44 of them. See them on the net at:

http://www.idc.iitb.ac.in/~dds/

Small car from Lokesh Machines

Before Indica, all cars were of imported design. Tata Motors built on years of learning accrued from truck manufacturing. MLR motors promoted by Lokesh Machines does not fit in any accepted business model. He is a successful machine tool designer, who left HMT and started his own for the better in 1983. His machine tools are exported to many countries and most automobile firms are his users. He will have savings in capital costs with in-house supply and marketing front is covered by B V R Subbu (former president of Hyundai Motors India). What about the design? Tie-up with design houses is not revealed nor he exhibited any concept model. Success of his diesel Teja 3 wheeler can be an indication of functional, low cost car in offing.

Neubauplan Machine Design Studio

Neubauplan Machine Design Studio was founded on 17th August 1981 in Pune, India, by Mr. Harshwardhan Gupta, a Bachelor of Technology in Mechanical Engineering in First Class from the prestigious Indian Institute of Technology, Mumbai, from the 1976 Batch. He has been designing intricate machines since 1975.
Web resources:
www.neubauplan.com
http://www.neubauplan.com/Achievements.htm
http://www.linkedin.com/in/harshwardhangupta