WANT A PATENT ? BE PATIENT !

Newspaper Pravasi ( 26 Feb 2012 ) gives following interesting – but far more distressing – info about working of India’s Patent Office in Mumbai :

• No of patent applications pending  ………………………………… 100,000

• Which will take to clear  …………………………………………………..  3  years

• No of requests being examined / year  ………………………….. 12,000

• Additional Patent Examiners being trained  ……………………..  250

• Which will help clear no of applications / year ………………… 40,000

• New requests being received / year  ………………………………… 25,000 +

• Annual growth-rate of requests  ……………………………………… ..   20 %

I would not be surprised if Indian scientists working in foreign labs are filing more patent applications abroad than the Indian scientists working in Indian labs !

Innovation will get a huge boost if Patents can be granted – or even rejected – in 6 months !

With regards

HEMEN  PAREKH

WHAT MAKES AAKASH DIFFERENT ?

There can be many opinions about Aakash tablet , but it is worth remembering that ,

• At its price-point , Aakash is the only tablet capable of bridging the digital divide between the urban and the rural India

• It will be used by persons who have not even seen a smart phone or a computer – much less used these

• Aakash is its own benchmark. Much like Walkman and iPod , it has created a new category - hence there can be no comparisons

• More than 2 million orders are a proof that , it is a product which millions have been waiting for

     No doubt there will be hiccups – as with any innovation

    With regards

    HEMEN  PAREKH

HALF WAY HOUSE

FREE TRIAL

PROJECT BARTER

LEARNING FROM OTHERS

ALL THE RAVE

VICIOUS CIRCLE ?

On 25 Mar 2012 , temperature  was 40* C in Mumbai ( India )

Must be a record of some sort !

And a clear sign of global warming

Over the next few months , temperatures all over India will hover around 40* C

Millions will switch – on their air conditioners to beat the heat, drawing huge amount of electricity

To generate all that power , thermal power plants will need to consume enormous amounts of coal

Which will throw up into atmosphere , large quantities of carbon dioxide

Producing green-house effect

Raising temperatures still further – and demand for more air conditioners

Only escape – route is non-fossil fuel energy

Even if it is Kudankulum

With  regards

HEMEN  PAREKH

PARENTS KNOW BEST !

Indian parents know too well that , in order to succeed in life , their children must master English language

Here is the proof

National University of Education , Planning and Administration ( NUEPA ) compiled following figures for enrollment of students by medium of instruction :

• English Medium Schools ……. 20.4  Million ( + 18.9 % over 2009/10 )

• Hindi Medium Schools ………… 90.9  Million (+ 5.6 % over 2009/10)

With 220 million cheap Tablets ( computers ) to be given away free to the school children in the next 5 years, I would not be surprised if English overtakes Hindi before long !

Reason ?

Almost all the “ Educational Content “ ( as of today ) is in English – whether online or pre-installed on these tablets by their manufacturers

We are about to witness the biggest – and the most profound – social change in independent India

With regards

HEMEN  PAREKH

NEVER A LENDER BE !

Here are ”Sovereign debt as a percentage of GDP “figures for various countries, as provided by Times of India (July 15,2011):

• Japan   ………………….  220  %

• Greece   ………………..  142  %

• Italy   …………………….. 119  %

• Russia   ………………….. 99   %

• Ireland   …………………  96.1 %

• USA  ………………………… 91.6 %

• France  …………………….. 84.3 %

• Canada  ……………………  84  %

• Portugal  …………………… 83.3 %

• Germany  …………………  80  %

• UK  ……………………………. 77.2 %

• India  ……………………….. 69.2  %

• Brazil   …………………………66.1  %

• Spain  ………………………….60.1 %

• Taiwan  ……………………… 39.7  %

• S.Korea  ………………………30.9 %

• S.Africa ……………………….35.7 %

• China  ……………………….  17.7  %

Greece just managed to avoid a default of re-payments to its private creditors by getting them to ” agree “ to write-off  59 % of the debt !

Greece might have escaped going bankrupt by the skin of its teeth

Question is :

Will others be equally lucky ? Will the world see a financial meltdown ?  Or , is it only a question of when ?

Lenders , beware ! By lending recklessly ,you have become, the enemy # 1

With regards

HEMEN  PAREKH