Are Indian innovation relevant in other parts of the world?

Our India has a long and distinguished tradition in science and technology from ancient times too ( can we forget the numeral "Zero" which our ancestors had given to the world )Indian innovations have a mark of creativity intuitivness blended with technical excellence which gives them a place globally.For example TePP ( Technopreneur Promotion Programme )a Dept of Science and Industrial Research initiative helped a chandigarh based biochemist Dr Parikshit Bansal in developing and patenting a laboratory dialysis device (technologically superior to existing products at a fraction of the cost..http://www.dsir.gov.in/pubs/tepp_enews/teppenews_1002.pdf ).Another Indian Innovator, Pranav Mistry's sixth sense technology is making waves in the technoworld ( http://www.pranavmistry.com/projects/sixthsense/ )..Hello World!..The Indian innovator has arrived.

When it comes to the relevance of innovations in India it can be seen form the recent economic and social growth of India  that there is a pretty good record of innovation  in various fields making  it a world focus for investment in innovation across a broad spectrum of industries. Let it be the R&D in IT or nanotechnology or chemicals etc. The inward investment of the western countries in recent years can be taken into account for implying that India being poor in few aspects still the Low-cost base of science and technology,the massive human power stand as the major attractions indicating the acceptance of the innovations by the rest of the world in one or the other way yet enabling new challenges to be taken up with  greater responsibilities in  striving the competition.