This document discusses the need for innovation in India to capitalize on its demographic dividend over the next 25 years. It argues that India needs to change its education system to foster more innovators and entrepreneurs. The document proposes an "Innovation Co-Crafting" system to help nurture innovation skills in students. It advocates teaching concepts like invention, innovation, creativity and decision making. The goal is to train students to become inventors, innovators and entrepreneurs rather than just learning traditional academic subjects.