This is my reflection on the year that has gone by through the lens of three areas of my work: management of technology and innovation, design thinking, and mindfulness.
India is just waking up in deep-tech; it takes ten years:
2025 was the year of tariff and trade wars. In India, various industries were
impacted due to the trade war. For example, Textiles and apparel, logistics, automotives,
pharma, IT services, and more. Markets have bounced back since then. However,
the uncertainty remains high. I was really impressed by China’s response.
Nelson Wang, Vice Chairman of RimPac and Asian Studies, mentioned in an interview, “China has
been preparing for this situation for ten years.” (5:30) Over the last decade,
China reduced its dependence on the US export from 20% to 11.5%. It controlled rare
earth magnates, and it was in a dominant position in the Nexperia
crisis. It has made strategic investments in key technologies like
batteries and EVs, AI, semiconductors, telecom, renewables, space tech, and
biotech. Fighting against the century of
humiliation that began with the defeat in the
first Opium War (1939-42) remains the central theme in CCP ideology. China
has demonstrated strategic foresight and execution in tackling American imperialism.
China’s R&D budget is 2.7% of GDP while India’s is 0.66% of GDP. And
China’s GDP (USD 19.4 trillion) is almost five times India’s GDP (USD 4.1
trillion). India is just waking up. For the first time, Indian government has
allocated ₹10,000 crore deep-tech Fund
of funds in Union 2025 budget and RDI scheme has earmarked ₹20,000 crore in
FY25-26 for deep-tech sectors. Several VCs, including Celesta Capital, Accel,
Blume Ventures, Premji Invest have created an India Deep
Tech Alliance with a USD 1 billion commitment. Like Wang said, it takes ten
years. Let’s hope the focus remains unwavering. A couple of 2025 bright spots:
Pixxel launched
a satellite constellation doing hyperspectral imaging at 5-metre resolution
with 150+ bands and ePlane signed
an MoU reportedly worth $1B to supply 788 VTOL (Vertical Take-Off and
Landing) air-ambulances.
The year of stampedes and a case for design thinking:
I started conducting design thinking workshops for Social Entrepreneurship
students at Tata Institute of Social Sciences (TISS) in Mumbai in 2011. That
time, IT services companies in Bangalore said empathy was not relevant to them
as their customers are far off in the US and Europe, and agile implementation
was more important than rapid prototyping. Things changed during Vishal Sikka’s
tenure as Infosys CEO (2014-17). In a short time, Design Thinking became a
buzzword. I was a beneficiary and did many workshops across the country. All along, I knew that anything fashionable fades after some time. However, to my
surprise, DT didn’t fade away. I continued to do workshops. 2025 convinced me
that DT won’t be going away anytime soon. This year, India witnessed 9
stampedes in public places, costing over 100 lives. The year began with two
stampedes in January: the Tirupati temple (6) and the Maha Kumbh (30). Then New Delhi
railway station (18), Goa temple (6), RCB stadium (11), Jagannath Puri temple
(3), Hardwar temple (6), Vijay rally in Karur (41), and finally Andhra temple (9)
last month. The chaos and vandalism at the Messi event in Kolkata this month didn’t
result in any casualty but 17 people got injured. It shows how poor we are in
designing stampede-proof public places and crowd management solutions. I remain
committed to studying, teaching, and applying design thinking to solve complex
social problems.
Mindfulness research enters toddlerhood, and mental health
becomes a fundamental right: Mindfulness traces its roots to Buddha’s
teachings. However, secular forms of mindfulness emerged in the late 19th
and early 20th century in Burma (now Myanmar) from the Theravada
tradition and in Japan from the Mahayana-Zen tradition. Given various dimensions of
mindfulness, such as religious vs secular, seated vs on-the-go, goal-centric vs
journey-centric, group vs individual, therapeutic vs soteriological, it is not
surprising that there are several ways to be mindful. Neuroscience of
mindfulness as a discipline emerged in 21st century when the brain
imaging techniques became more accessible for the researchers and subjects
became available after the adoption of clinical intervention programs such as
Mindfulness-Based Stress Reduction (MBSR) and Goenka’s Vipassana. It is
generally believed that the neuroscience of mindfulness is in its infancy. 2025
marks the publication of one of the first major meta-studies on mindfulness. The
paper is titled “The
mindful brain: A systematic review of the neural correlates of trait
mindfulness” by authors from MIT, Massachusetts General Hospital, Harvard
Medical School, and West Chester University, Pennsylvania. It assesses 68
correlational studies across various forms of MRI and EEG. It identified some
consistent results and many gaps in understanding. In my opinion, this year
marks the neuroscience of mindfulness going from infancy to toddlerhood.

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