Money is a great factor to implement the latest technologies and the more money one can spend the more advanced equipment one can purchase. For example, if we look into the use of household appliances in India we will find that many households do not have a microwave oven, whereas in developed countries almost everybody is using many other kitchen appliances along with a microwave oven. If the people of any country do not have the purchasing power of modern appliances or any technology, naturally implementation of those technologies will be late in that country and in that case there are still many sectors in India that have remained less developed than the already developed countries.
"Life is easier when you enjoy what you do"
But still, we are better than many other developing countries as we buy technology from developed countries if we aren't able to invent them.
" The two most important days in your life are the day when you are born and the day you find out why? "
– Mark Twain
The main drawback here in our country is the political situation. There is no encouragement to a person with good knowledge and capability and such people are going abroad and developing the technologies there. In our country caste plays an important role than other things. Otherwise, in India, there are people who are experts and can develop good technologies.
"If you are killed in action, you go to Heaven. If you win, you rule this Earth (as beautiful as Heaven). That is why, O son of Kunti, take a firm resolve and fight!"-- Shrimad Bhagwad Gita