Successful innovation which has the caliber to transform the existing Industry cannot be solely attributed to technology, resource availability, entrepreneurship or infrastructure. It is the interdependent symbiotic ecosystem that can actuate this transformation. Building independent links amongst the players of the ecosystem leads to creation of industry transforming ecosystems. Its sustenance depends upon conceptualizing and executing a strategy that ensures success for every component of the ecosystem; where the triggered success is transmitted throughout the network.

Today, India as an R&D ecosystem is in a unique position, where we not only have abundant and mature technologists , access to cutting edge technology , proximity to emerging markets but are also experiencing the problems of a growing and developing nation. This enables us to create products and solutions that cannot be envisioned in developed markets. With help from various stakeholders of the ecosystem such as universities and startups, MNCs should also look at leveraging the co-location of technology and operation functions to create disruptive innovation.