An interesting piece in the NYTIMES:
http://www.nytimes.com/2014/02/18/business/international/from-india-proof-that-a-trip-to-mars-doesnt-have-to-break-the-bank.html
From the above noted article:
From the above noted article:
“Wealthier countries
may have little incentive to pursue technological advances on the cheap, but
not a populous, resource-starved country. So jugaad, or building things
creatively and inexpensively, has become a national strength. India built the
world’s cheapest car ($2,500), the world’s cheapest tablet ($49), and even quirkier
creations like flour mills powered by scooters.
“If necessity is the
mother of invention, constraint is the mother of frugal innovation,” said Terri
Bresenham, the chief executive of GE Healthcare, South Asia, who is based in
Bangalore. GE Healthcare has the largest research and development operations in
India and has produced low-cost innovations in infant health, cancer detection
and heart disease treatment.”