As a man who cut through thick and thin to emerge on top, no matter the circumstances, Jignesh Shah’s story is as inspiring as phenomenal. From humble beginnings as an electrical engineer to Assistant Manager at Bombay Stock Exchange (BSE), and going on to create the financial technology powerhouse, FTIL, and the Multi Commodity Exchange, MCX, which at one point contributed 1% of nation’s GDP in under a decade since inception.
After globetrotting in pursuit of exchange dynamics worldwide, Shah used all the acquired experience to accelerate growth in India, and is widely considered one of the pioneers to ‘Make in India’ because he was serving the purpose even before the campaign got officially announced.
But brains like Shah’s just can’t stop innovating. The latest of his projects is JS Innovation Labs, touted as a network of labs to compete with the best in the world such as Google Labs, Bell labs etc. The idea is in line with Prime Minister Modi’s vision – “We want India to emerge as the Innovation Hub where the next big ideas emerge, driven by power of technology.”
To be a vital part of ‘Innovate India’ and ‘Skill India’, JS Innovation Labs will strive to enable ‘digital IP (Intellectual Property) routes by setting up 36 innovation labs by collaborating with leading educational institutes, connecting global innovation hubs from Silicon Valley to Bengaluru and Tel Aviv to Tianjin.
JS Innovation Labs has launched two flagship programs to urge young minds to implement their ideas:
IIG will particularly be among the best of Jignesh Shah’s achievements as it will push the number of patents filed by India each year, i.e. 43,000, which falls way short of 6.8 lakh patents from China and 5 lakh patents from USA.
EIR’s main agenda will be to provide a common innovation platform to create an ‘inclusive entrepreneurship’ that will include Global entrepreneurs, Underprivileged entrepreneurs and Mainstream entrepreneurs.
Through JS Innovation Labs, the aim will also be to improve R&D conditions in India. More power to innovators like Shah for putting our nation on the world map in terms of finance and technology!
After globetrotting in pursuit of exchange dynamics worldwide, Shah used all the acquired experience to accelerate growth in India, and is widely considered one of the pioneers to ‘Make in India’ because he was serving the purpose even before the campaign got officially announced.
But brains like Shah’s just can’t stop innovating. The latest of his projects is JS Innovation Labs, touted as a network of labs to compete with the best in the world such as Google Labs, Bell labs etc. The idea is in line with Prime Minister Modi’s vision – “We want India to emerge as the Innovation Hub where the next big ideas emerge, driven by power of technology.”
To be a vital part of ‘Innovate India’ and ‘Skill India’, JS Innovation Labs will strive to enable ‘digital IP (Intellectual Property) routes by setting up 36 innovation labs by collaborating with leading educational institutes, connecting global innovation hubs from Silicon Valley to Bengaluru and Tel Aviv to Tianjin.
JS Innovation Labs has launched two flagship programs to urge young minds to implement their ideas:
- Entrepreneurs in Residence (EIR): EIR is an ‘inclusive entrepreneurship’ initiative to support young and dynamic entrepreneurs from all over the world.
- India Innovation Grid (IIG): A pan-India IP network connecting JS Innovation Lab and set up in partnership with top educational institutes and universities across India along with global innovation hubs. IIG and EIR will work in tandem to turn ideas into reality through a unique innovation network.
IIG will particularly be among the best of Jignesh Shah’s achievements as it will push the number of patents filed by India each year, i.e. 43,000, which falls way short of 6.8 lakh patents from China and 5 lakh patents from USA.
EIR’s main agenda will be to provide a common innovation platform to create an ‘inclusive entrepreneurship’ that will include Global entrepreneurs, Underprivileged entrepreneurs and Mainstream entrepreneurs.
Through JS Innovation Labs, the aim will also be to improve R&D conditions in India. More power to innovators like Shah for putting our nation on the world map in terms of finance and technology!