Why isn’t Innovation Regarded in Our country?

The Target Book
2 min readFeb 9, 2017

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So here’s the big question.Are we living in a country where we can’t think of new reformations? Can’t we dare to think BIG?

I write this today, having read an amazing book on him — The Target Book, by Shantanu Guha Ray. A book on his journey from belonging to a middle-class family and establishing world-class trading systems that changed the face on Indian finance.

And how a few of our own politicians and bureaucrats shrugged it so that they could be safe and rich.

Jignesh Shah once considered the master of innovation, was taking India to new heights in the financial space. While reading the book, I realized how this man single-handedly went on to create financial exchanges, software, and solutions that were ahead of their time in all respects.

None of the corporate giants or inheritor tycoons thought of such innovations, when they could have easily done it. The book beautifully encapsulates Jignesh Shah’s achievements and how he turned his ways from being an electrical engineer to being the pioneer of Indian capital markets.

He established his first company — FTIL, in 1995 and brought it to a successful pedestal. He used to work in Bombay Stock Exchange, attaining experience about the stock market and how everything goes around in it. His group went on to expand business divisions across various foreign continents such as Africa, Middle East, and South East Asia.

However, an orchestrated accident at one of his companies, impacted his career in a wholesome manner. Despite 49 years of hard work, they have got him in for the case whose strong evidence is still not found. He is been singularly targeted by investigating agencies for a crime that he hasn’t committed. Who are those who are letting this happen?

I only wonder, Isn’t India yet ready for innovative ideas?

For more information check The Target Book Reviews.

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The Target Book

In The Target book, seasoned journalist Shantanu Guha Ray meticulously probes the motives of those who shunted Jignesh Shah out of Exchange businesses.