This document discusses innovation in India and opportunities for Canadian small and medium enterprises (SMEs). It notes that while India has the largest democracy and potential for growth, it ranks low in innovation according to the World Economic Forum. Examples are given of both traditional and contemporary innovations in India. Issues affecting innovation include low R&D spending and a lack of seed capital, incubators, mentors, and success stories. However, opportunities exist for Canadian SMEs to develop low-cost solutions and leverage India's technical manpower. Resources like TiE are highlighted for fostering entrepreneurship through mentorship and networking.