R.A. Mashelkar: Breakthrough designs for ultra-low-cost products

The video discusses the concept of value for money and its challenges, highlighting Ratan Tata's vision in creating the affordable Nano car. It also covers the innovation of the Jaipur Foot, affordable healthcare solutions, and introduces Gandhian engineering as a means to achieve more with less. Dr. Mashelkar shares a personal story about leadership and the importance of focus.

What is the primary challenge in achieving 'value for many'?

• Limited market access

• Economic disparity

• Lack of innovation

• High cost of luxury goods

What was Ratan Tata's vision for the Nano car?

• To provide an affordable car for the masses

• To compete with international car brands

• To build a three-wheeler

• To create a luxury vehicle

What was a key innovation in the development of the Nano car?

• Use of a two-cylinder gas engine

• Inclusion of luxury features

• High production cost

• Traditional manufacturing techniques

What is the Jaipur Foot known for?

• Exclusive design for athletes

• Limited functionality

• Its quick fitment and affordability

• Being a high-cost prosthetic

How does the Jaipur Foot contribute to social innovation?

• By being exclusive to certain regions

• By providing affordable mobility solutions

• Through its high cost

• By being a luxury item

What is a major issue in the current drug development process?

• Increased number of new drugs

• High costs and long development time

• Decreasing costs

• Shorter development time

How has India achieved breakthroughs in drug development?

• By increasing costs

• By using traditional knowledge scientifically

• By relying solely on modern medicine

• By extending development time

What does Gandhian engineering emphasize?

• High-cost solutions

• Incremental innovation

• Exclusive innovation

• Ultra-low-cost solutions for the masses

What is the role of leadership in achieving Gandhian engineering goals?

• To focus on luxury markets

• To divide resources

• To unite efforts and focus on inclusive innovation

• To maintain traditional methods

What is the 21st-century gift from India to the world according to the speaker?

• Gandhian engineering

• Traditional medicine

• Luxury engineering

• Exclusive innovation