India has just jumped to Japan to become the fourth largest economy in the world, but the co -founder of Zerud, Natin Kamt, believes that the celebration is premature.
“GDP comparisons tell you only a lot,” Kathath was published on X.
“When you look at important standards such as productivity, workforce sharing, and perhaps most importantly, spending on research and development, we have a long way to cut it.”
A week later, a week later, a week later, said that India had crossed the GDP of $ 4 trillion.
“We are the fourth largest economy and I am speaking,” Sopmanmaniam said, citing the expectations of the International Monetary Fund in India before Japan, with the United States, China and Germany only.
But Kahat referred to the country’s chronic investment in innovation as a structural weakness that can achieve long -term growth. India spends only 0.7 % of GDP on research and development, much less than 2.4 % in China, 4.8 % of South Korea, and 6 % of Israel.
He warned: “One of the biggest long -term challenges of Indian growth is this spending on chronic research and development.” “This is a government problem and a problem in the private sector. It is not fair that the government will expect this to be resolved.”
Kamath emphasized that sustainable growth in a world of artificial intelligence and geosus will require more than the gains of gross domestic product. “We will not realize our potential unless we build an environmental system that invests in education and research.”
“Without this,” Kamat added, “We will lose our best minds to other countries and miss the opportunity to really benefit from our demographic profits. “
The per capita income in India has doubled over the past decade, from $ 1,438 in 2013-14 to $ 2,880 in 2025, according to the international IMF data. But Kahath suggests that this progress may stop unless the deeper reforms have been held.
“This is not an easy solution,” he said. “It takes a long-term commitment to transforming educational regulations, simplifying regulations, and creating the right incentives for innovation-so our brightest minds are built in India, for India.”
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