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If you take existing ideas and make them affordable and…

“If you take existing ideas and make them affordable and scalable, you substantially change business models. India lacks an education system that is research- and creativity-oriented.” quote by Chanda Kochhar
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“If you take existing ideas and make them affordable and scalable, you substantially change business models. India lacks an education system that is research- and creativity-oriented.”

Chanda Kochhar

About This Quote

Source Speech: Business Conference, India, 2019

Adapting ideas to be affordable and scalable transforms industries; lacking research‑focused education hampers innovation.

In simple terms: Making ideas cheap and scalable reshapes markets; education needs research focus.

Key Takeaway

Innovate affordably and revamp education.

Themes

innovation business models education scalability

Mood

optimistic critical

Type

strategic visionary

When to use this quote

  • startup scaling
  • policy reform
  • curriculum redesign
  • investment in R&D
  • public‑private partnerships

Key Concepts

economics creativity systemic change

Questions to Reflect On

  • How can affordable innovation be encouraged?
  • What reforms will foster research‑oriented learning?
A Different Perspective

Without research‑driven education, scaling ideas may not sustain long‑term growth.

3.3 out of 5 (8 ratings)

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