THE GOVERNMENT HAS envisioned a remarkable goal for India@100: Viksit Bharat—a developed India. The nation undoubtedly has the potential to achieve this, with favourable tailwinds in demographics, domestic consumption potential, open economy frameworks, and technological adoption capacity. To realise this vision, India must invest in several force multipliers, one of which is its start-up ecosystem.
India’s technology-driven startup ecosystem is a testament to the determination of Indian entrepreneurs. The country hosts the third-largest start-up ecosystem globally, with over 138,000 ventures that have created $550 billion in value, including 115 unicorns and nearly 500 soonicorns. By 2027, the ecosystem is projected to create $1 trillion in value, host 200-plus unicorns, and employ more than 3.5 million specialised workers.
As the ecosystem continues to expand, start-ups are emerging as one of India’s strongest growth engines and force multipliers. While sectors such as e-commerce, fintech, and enterprise technology host the largest number of start-ups, Indian start-ups are not limited to these but also now operate across various industries: education, health, IoT, artificial intelligence (AI), biotechnology, logistics, defence, and space. Increasingly, companies are viewing public markets as a viable growth avenue, becoming hubs for growth where the average Indian can invest.
هذه القصة مأخوذة من طبعة September 15, 2024 من Business Today India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 15, 2024 من Business Today India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky