Jugaad small first step towards innovation: Ex-Nasscom Prez
Former Nasscom President Kiran Karnik has said, "Jugaad requires an innovative and creative mind, but is only a forerunner of true innovation-a small first step.” India has seen great progress in innovative business models and processes, especially in technology-related areas, he stated. Today, young people are more willing to follow their passion, take risks, and confront failure, he added.