Daijiworld Media Network – Bangalore (SB)

Bangalore, Jun 6: The Confederation of Indian Industry (CII), in partnership with the state government will hold a two-day national-level innovation summit here from June 17.

S Gopalakrishnan, chief executive officer and managing director of Infosys Technologies, and chairman, CII-Southern region, said that the city was an appropriate location as 60 per cent of the research and development professionals of the country are here. The conference will provide a platform for “new innovation models”, like those from the open source domain, he said. The conference will also showcase innovation from other fields such as sports and arts,” he added.

In the field of industrial research India is on par with China, while in academic research India has long way to go, said Gopalakrishnan. Further, he observed that the global economic downturn has proved beneficial to emerging economies like India where lacalization has an interesting role localisation is needed, he said.

Students participating in the sixth edition of the summit will be offered a subsidy and a competition for students will be a highlight of the event, he said.