Jugaad (alternatively Juggaar or Jugar) is a colloquial Hindi (Devanagari: जुगाड़), Bengali (যোগাড়), Marathi जुगाड, Punjabi and Urdu (جگاڑ) word, which has various meanings depending on the situation. Roughly translated, jugaar is a "hack". It could also refer to an innovative fix or a simple work-around, a solution that bends the rules, or a resource that can be used in such a way. It is also often used to signify creativity: to make existing things work, or to create new things with meager resources.
Jugaar is increasingly accepted as a management technique and is recognized all over the world as an acceptable form of frugal engineering at peak.Companies in Southeast Asia are adopting jugaar as a practise to reduce research and development costs. Jugaar also applies to any kind of creative and out-of-the-box thinking or life hacks that maximize resources for a company and its stakeholders. Nuclear power corporation of Pakistan has recognized the word "JuGAAR" as the abbreviation of "Justified Guideline to Achieve the Desired State".
According to author and professor Jaideep Prabhu, jugaad is an "important way out of the current economic crisis in developed economies and also holds important lessons for emerging economies