Kislay Pankaj

A wanderer. An analogue guy in the digital age. CEO- Lectrix Tech , Ex-Ather Founding Member

[Tarun Mehta @tarunsmehta]

Entrepreneurs need to target an RnD of a million engineers in India.

Apparently BYD now has more people in R&D than the rest of the auto industry outside of China, COMBINED (https://t.co/XpCDgvqkeW)

The most important progress is technological progress and China, for all its faults, is doing a damn good job on this. BYD is the largest EV company and that's because they are all in. Just look at the freaking numbers:

An RnD team size approaching 100K people with some 20-30K engineers hired last year alone! Almost 10% of their revenue is spent on RnD, even at the scale of $40-50B in annual revenues.
Those are gargantuan numbers.

As a country we need to focus a lot on the numbers here. No one can otherwise beat a 10-100X numbers advantage.

Given the demographic advantage we are sitting on, our policy focus on RnD needs to go up in an immense way. Remember, suppliers come and setup capacities where OEMs produce. OEMs produce where their new product development (NPD) happens. And NPD happens where there are engineers. That's why China today wins the NPD game so that it can continue to maintain it's eventual manufacturing advantage.

Indian companies are often quite happy seeing a 3-4% RnD spend. If we have a 10-20X growth ahead of us for the next few decades then we need to target big numbers everywhere:
1. 10-15% RnD spend in all critical sectors.
2. A million engineers in all critical sectors.

In fact, a million engineers for an incredibly focused product company out of India itself won't be crazy and almost certain to happen in the future. That ought to translate into a $40-50B spend per year. That's roughly comparable with the RnD spends of the big tech players in US TODAY.

There are companies ALREADY spending more than that today. BYD is already at 10% of that headcount in China.

Throw enough engineering muscle at a problem. Eventually progress.

[Kislay Pankaj @KislayPankaj]

@abprasad167 Correction- It rainED in Namma Bengaluru 😂

[Kislay Pankaj @KislayPankaj]

@MahekMody @FURLENCO @jagograhakjago Their service is pathetic. Same happened to me 2 weeks back

[Kislay Pankaj @KislayPankaj]

@FurlencoSupport @FURLENCO - now that i have shared what you asked for can i expect any action. Bcoz till now there is none. ASAP means nothing to you folks i guess

[Kislay Pankaj @KislayPankaj]

Dear @FURLENCO n @FurlencoSupport .We have been trying to return furniture from 2 wks but in vain Called customer care, wrote emails a 100 times. Now i m paying extra rent after vacating the house as YOUR stuff is not picked. For gods sake, don’t irritate your customers like this

[Akshat Shrivastava @Akshat_World]

If your income is 1 Crore, you will roughly pay 40%+ tax in India.

(Plus indirect taxes)

Next year ---let's say-- you lose your job.
And your income goes to 0.

You will get 0 benefits.
Let me clarify the context:

- You won't send your kids to government schools.
- You won't avail treatment in a public hospital.
- You won't avail free ration.

Therefore there is no (REAL) safety net for people paying taxes in India.

This puts a lot of stress, pressure & a feeling of injustice.

That share your upside.
But, no one will give a shit about your downside.

And, this is what is precisely wrong with our taxation.

[Kislay Pankaj @KislayPankaj]

ORD5157704780 and RTN8153088020

[Kislay Pankaj @KislayPankaj]

@bimoryani @FURLENCO @FurlencoSupport Same happened to me. From last 2 weeks calling these buggers. Even paying extra rent. Super super pathetic service. I am so damm angry

[Kislay Pankaj @KislayPankaj]

@SukritMukherjee @FURLENCO @FurlencoSupport Same happened to me. They haven’t picked up from me from last 2 weeks. Even reached out to customer success head. Seems like she and her team are equally shameless.

[Kislay Pankaj @KislayPankaj]

@FURLENCO Dear Furlenco. You gave us a things on rent and now for last 2 wks you are not coming to pick it, inspite of more than 20 calls. What a horrible experience. We have left the house but bcoz of you guys we are paying extra rent as your furniture is occupying the house.

[Kislay Pankaj @KislayPankaj]

@flyspicejet Twitter DMs says web portal will help. And web portal says contact customer care. While customer care doesn’t respond. @DGCAIndia why do always customers suffer in case of flights delays and cancellations. Why do operators not work on “customer convenient options”??

[Kislay Pankaj @KislayPankaj]

Dear @happyeasygo Please care about your customer’s convenience and more importantly their money. I am due a refund from you from 2 months for a cancelled flight, which should have been processed instantaneously. Plz act fast. Plz learn from good companies like @makemytrip etc.

[Kislay Pankaj @KislayPankaj]

@flyspicejet What a pathetic flight. Airport terminal says a different info, online status shows something else, while customer care isn’t picking calls. Do you guys bother that my senior citizen mother is travelling alone and needs clarity on whats happening.

[Kislay Pankaj @KislayPankaj]

@airvistara how can you guys cancel flight at the last moment so easily? Are we supposed to pay last min. premium of other flights on our own? Or change entire plan? Wht about other connected bookings we made? Are there no guidelines by @DGCAIndia on this? @consumerforum_

[Kislay Pankaj @KislayPankaj]

We did it #Chandrayaan3

[IIT Gandhinagar @iitgn]

IITGN celebrated four of its alumni achievers: @yogeshgoyallab, @KislayPankaj, @sarthak_jain and @PJuvatkar in different fields by conferring upon them the IITGN “Young Alumni Excellence Award”.
Hearty congratulations to all the awardees!
#IITGNAlumni #YoungAlumniExcellenceAward

[Kislay Pankaj @KislayPankaj]

@Arun_Vinayak_S Some Third wave i am sure. 😁

[Kislay Pankaj @KislayPankaj]

“Earth is now our only shareholder”…Some very bold move by #Chouinard to donate his entire company to a cause. Great respect. #ClimateActionNow #NetZero

[Kislay Pankaj @KislayPankaj]

Many thanks to my Alma mater for recognising my efforts. Congratulations to the fellow awardees @garfield.on.monday @yogo_gi @prats_j #iitgn #iitgandhinagar https://t.co/1OWMAQ6KJL

[Kislay Pankaj @KislayPankaj]

What’s up with #ScuderiaFerrari and Why why why #Leclerc ??? Such a heartbreak!!!😫