A Quote by Bhavin Turakhia
India is one of the youngest startup nations in the world, and so far, various technology startups have witnessed phenomenal growth. It's amazing how these startups are thriving solely based on domestic demands. It speaks volumes about India's economy and its rich talent pool.
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A lot has changed in India in the last decade. We can attribute the growth of India's startup ecosystem to the increased penetration of affordable smartphones and data connectivity across the country. Technology is no longer a luxury. People across generation and geographies are making use of mobile technologies. Startups have capitalised on this phenomenon.
I think extreme secrecy is a bad sign in all startups. Very few startups die because they tell you exactly how their technology works. On the long list of startup killers, that's pretty far down. Though on the list of entrepreneur fears, it's pretty high.
Startup India is welcome for the economy, but it cannot be accompanied by 'Shut Up India' in society. What gives Startup India its strength is freedom of expression, thought, and dissent. You choke this, and you choke entrepreneurship.
The world wants India to remain an import-based economy. Then India can be a dumping ground where gold can be dumped and other commodities such as oil and gas. They look at India as a huge market.
India is a fertile ground for entrepreneurs, given its large pool of world-class talent and resources. India's ability to generate wealth and create social good will come if we let entrepreneurs flourish by encouraging and enabling innovation.
Quite often startups were first out of the gate with a sustaining technology. But somehow the leaders got the technology and stayed atop their industries. Sometimes they acquired the startup; sometimes they just developed the technology as a follower and used their muscle and mass to win. But they always won.
One of the most important aspects that feed a thriving economy is successful businesses, so the more startups that take off, the better the financial picture is for everyone.
When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
Today, India consumes about 682 watts per capita, far lesser than developed nations. As India develops, it will definitely require a lot more energy.
Outsourcing, information technology revolution, the access to India's human resources, India's pool of scientists. It will help American companies to become leaner, meaner, more efficient, and they become more competitive, both in the United States and in dealing with the rest of the world.
Startups are the engines of exponential growth, manifesting the power of innovation. Several big companies today are startups of yesterday. They were born with a spirit of enterprise and adventure kept alive due to hardwork and perseverance and today have become shining beacons of innovation.
We look at the number of engineers coming out of India; we look at the growth of the economy, and it's clear that India is a place we want to be.
We provide business advice and guidance. We started it here in India first, and now we have taken it globally. India was the first for startup incubation in the world for us.
You will see India as a country of opportunities, unmatched across the world. India can be a role model of growth and cohesiveness for the rest of the world.
Tokyo 2020 was an Olympic Games of many firsts for India. The success of Team India at the Olympics is a reflection of how New India desires and aspires to dominate the world... even in sports.
For in Asia and around the world, India is not simply emerging; India has already emerged. And it is my firm belief that the relationship between the United States and India - bound by our shared interests and values - will be one of the defining partnerships of the 21st century. This is the partnership I have come here to build. This is the vision that our nations can realise together.
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