‘India is a hotbed of technological innovation’: 30 quotes about business opportunities in India

Released in 2014, storybites is a weekly feature of YourStory, featuring notable quotable quotes from our articles from the past week (see previous issue here). Please share these 30 gems and insights from the week of September 12-18 with your colleagues and networks, and check back to the original articles for more. See our special compilation of quotes related to India’s responses to coronavirus here.

As India further develops as a digital economy, healthy collaboration between communities, states and local governments will play a key role in maximizing the the full potential of technology. – Archana Sahay, Dell Technologies

Where the US and China allowed the private sector to control data governance and Europe sought regulation to control data governance, India is building techno-legal infrastructure do this in new and exciting ways. – Rahul Matthan, Trilegal

Large corporations have realized the importance of the contribution of MSME ecosystem to India’s GDP. – Ankit Jain, Aksum Trading Market

Upskilling the business workforce is a supercritical need, yet the sector remains highly fragmented. – Mayank Kumar, Senior Graduate

The sheer diversity and brilliance of each subcuisine on the subcontinent is something the world has yet to experience. – Krish Ashok, ‘The Masala Laboratory’

Room air conditioner (RAC) penetration in India is among the lowest in the world at 7-8% of households. – BL Bothra, EDPL

Small towns can be a treasure trove for businesses because of the many advantages they provide, such as lower rental costs, lower operating costs, less competitive brands, and the availability of a talent pool. – Farman Beig, Wat-a-Burger

For smaller cities, getting involved with brands is still an aspiration, helping a steady stream of business if you select the right set of locations. -Rajat Agarwal, barista

Smaller cities require fewer outlets and take less time to gain traction, visibility and overall revenue generation is more positive in a shorter period of time. – Nidhi Singh, Samosa Singh

See also  4 Reasons to Avoid Stocks That Pay Dividends | Smart Switch: Personal Finance

Tier II-III cities are difficult to penetrate for brands that intend to focus solely on delivery-based business because these areas have yet to mature in terms of acceptance. cloud-based deliveries. – Sarvesh Chaubey, The Biryani House

Please make the interface in your mother tongue to reach people beyond Tier I cities, where most people are. – Anil Agrawal, DPIIT

Demand of organized retail is growing, even more so in Tier II and III cities. However, most brands are struggling to expand their offline presence and take advantage of this huge opportunity. – Rahul Chowdhri, Stellaris Venture Partners

There is a clear need for a patient-centric care delivery platform that can drive care delivery across the ecosystem. -Ashish Garg, Zyla Health

Just 2% of newborns undergo newborn screening, resulting in 25,000 preventable deaths each year. – Manoj Gopalkrishnan, algorithmic biology

India does not have a common database when it comes to paperwork, such as title deeds, related to the purchase of real estate. – Sanjay Mandava, Landeed

Buildings account for nearly a fifth of India’s CO2 emissions. About 51% of our population is projected to live in cities by 2047. – Prasad Vaidya & Janani Venkatesh, IIHS

The cameras are used, along with AI, to identify poachers and illegal loggers, and monitor wild animals, especially tigers and leopards that may enter human settlements. – Rushikesh Chavan, The Habitats Trust

If many young people start to opt for the development sector as a career option, the face of the country will change in the next two or three years. – Himanshu Goenka, Muskurahat Foundation

We have witnessed plenty of social change in the last decade, including the normalization of financial independence for women and late marriage. – Anuradha Gupta, Vows for Eternity

See also  Can fashion do 'sustainability' without the scare quotes? | Fashion

Digitization of small fleet operators is the need of the hour for India. -Rajesh Yabaji, Blackbuck

A large part of the fuel stations in India will be digitized, where a vehicle will just have to fill up and go. – Luke Sequeira, numadic

India is well positioned for smart building and smart city technologies and can become a leader. India has talent and experience. – Vijaya Bhargav, Ostraca

India has come a long way in the last eight years in promoting entrepreneurship. – Ujwal Kalra, ‘Home Compass’

More than $131 billion was invested in Indian startups in the last eight years. It is important to ensure that the benefits of India’s start-up boom benefit all. -Deepak Bagla, Invest India

The common man in India is hungry and ambitious, and the sky is the limit with proper mentoring and capital. – Namita Thapar, Emcure Pharmaceuticals

By allowing startups to self-declare compliance with various labor laws, the Indian government has made it easier for companies to comply with labor standards. – Sum RV, KSK

The valuation of technology companies has dropped since the IPO of Paytm. This, followed by a drop in liquidity and attrition, has affected the secondaries of companies considered public. – Ranjit Jha, Rurash Finance

In today’s highly competitive landscape of startups and numerous ideas, students They have the potential to build great companies. – Suresh Narasimha, Cocreate Ventures

India is being recognized worldwide for its technology innovation as more startups emerge from here and quickly establish a dominant global presence. – Bhaskar Majumdar, ‘It all started as nothing’

See also  AM Best upgrades issuer credit ratings for Blue Cross & Blue Shield of Mississippi, A Mutual Insurance Company and Bluebonnet Life Insurance Company | Business Insurance

India is a hotbed of technological innovation, with so many SaaS companies crying out for a modern analytics partner to help take their growth to the next level. – Sudheesh Nair, Thinking Point

YourStory has also published the paperback ‘Proverbs and Phrases for Entrepreneurs: A World of Inspiration for Startups’ as a creative and motivational guide for innovators (downloadable as apps here: Apple, Android).