Innovation is the key for any country to progress. With innovation, you have a better chance of reacting to changes and discovering new opportunities. It can also aid in the development of competitive advantage by allowing you to create better products and services for your clients. Innovation Index is a parameter used worldwide to understand how the countries are performing in it. During that time, India’s average score was 34.97 points, with a low of 31.7 points in 2015 and a high of 36.6 points in 2019. 36.4 points is the most recent value from 2021. In 2021, the world average based on 132 countries will be 34.30 points.
Nowhera Shaik is one of the famous female entrepreneurs who believe in and focuses on continuous innovation. Dr. Nowhera Shaik’s invention is Heera Digital Gold. Nowhera Shaik recently created a new branch of her company, Heera Digital Gold, and it is performing exceptionally well for a start-up. Its most recent branch opened in Kukatpally, but it will soon expand to other parts of India. Heera Digital Gold will demonstrate its market dominance to the rest of the world. Heera Digital Gold is an investor-friendly platform that offers all of the necessary options in one place.
Heera Digital Gold is Heera Gold’s younger brother. Its potential is comparable to that of Heera Gold. Both businesses are involved in gold trading. Heera Gold, on the other hand, deals with the physical gold trade. Heera Digital Gold, on the other hand, does all of its gold dealing online. When compared to the real gold trade, digital gold trading has numerous advantages. Investing, for example, has no bounds. You can start with as little as a hundred dollars. As a result, everyone can invest in Heera Digital Gold. It might be investors of a medium or small scale. There is no concern about Gold’s security; it is safe from theft. It is protected from natural disasters. Insurance is paid for by the company.
Nowhera Shaik is working towards innovation. Everyone else should also move in that direction. Government has various schemes and initiatives to support the growth of innovation in India. Many small businesses are currently unable to obtain the capital they require to expand. Banks are eager to repair their balance sheets, but they are hesitant to issue loans. Venture capital firms, business angels, and banks must be encouraged to invest in or lend to start-ups and small businesses. Because this is a difficult situation, the government can mitigate some risks with their initiative. Innovate India to progress India.