Publication

This paper discusses whether India has a knowledge-based economy and can become a knowledge superpower. It examines the key knowledge-based sectors of India's economy, including biotechnology, pharmaceuticals, defense and space technology and information and communications technology, identifies India's advantages and compares it with other knowledge-based countries. Subsequently, the paper highlights challenges in the fields of education, bureaucratic regulation, infrastructure and the role of the government. The author states that human capital is arguably the most valuable asset that India has.