‘India Possesses One of the Greatest Pools of Talent in the World’: 20 Quotes on Business Opportunities in India

Released in 2014, StoryBites is a weekly feature of YourStory, featuring notable quotable quotes in our articles from the past week (see previous issue here). Share these 20 gems and insights from the week of November 21-27 with your colleagues and networks, and check back in on the original articles for more information. See our special compilation of quotes related to India’s responses to the pandemic here.

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With the rise of digital India and a new wave of smartphone generation, direct-to-commerce (D2C) brands have made the online shopping experience for the user more convenient. – Rishi Vasudev, GOAT Brand Labs

As of 2022, there are approximately 800 D2C brands with a market position of $12 billion and it is expected to reach $60 billion with a compound annual growth rate (CAGR) of 40 percent by the end of 2027. – pickrr

5G cannot continue to be an exclusive service within the reach of a privileged few or our largest cities. It should be available to every citizen, every household and every business in India. – Akash M Ambani, Reliance Jio Infocomm

The gender disparity in economic participation remains significantly high and deeply embedded in our social fabric. – Nidhi Bhasin, NASSCOM Foundation

There are 100 million women farmers in India, but we don’t know who they are, what they are doing and what their weaknesses are. – Ajaita Shah, border markets

Anganwadi has continued to be an integral part of Early Childhood Development (ECD) in India and Anganwadis have an important role to play in parent education, training and helping the child to grow healthy. – Anita Kodgaokar, Anganwadi Supervisor

By 2035, India’s urban population is projected to grow to 675 million, which will require climate-smart cities. – Anjali Bansal, Avaana Capital

All the waste we produce as a country can be turned into usable gas, and India can take the lead on that. – Siddharth R Mayur, H2E Energy

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The upcoming National Cloud and Data Center Policy of the Government of India foresees a significant increase in India’s capacity from the current 565 MW to over 2,565 MW in the near future. – Rajeev Chandrashekhar, Union Minister of State for Electronics and IT

We don’t want to wipe out the industry. We want to take the standard route. We will first look at voluntary compliance and then, if the [fake reviews] threat continues to grow, we will, we may, make it mandatory in the future. – Rohit Kumar Singh, Secretary for Consumer Affairs

[The Rajasthan Startup Policy 2022] it will encourage the creation of new companies in the state, employment opportunities will increase and the investment sector will also expand. – Ashok Gehlot, Chief Minister of Rajasthan

New digital lending guidelines will serve to alleviate concerns about rampant third-party involvement, misselling, data privacy violations, unfair business conduct, charging exorbitant interest rates, and unethical repossession practices . – Rohit Garg, SmartCoin Finance

Open Network for Digital Commerce (ONDC) will also play an important role in expanding India’s e-commerce sector by bringing more consumers online. – Vidit Aatrey, Meesho

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The Indian startup ecosystem has already seen real success, but the best is yet to come. – LinkedIn

In VC jargon, India’s startup ecosystem has achieved product market fit. – Ashwin Raguraman, Bharat Innovation Fund

There is a vibrant community in Silicon Valley that is interested in helping and supporting tech startups in India. – Raj Singh, Z21 Enterprises

Large companies and multinationals engaging with startups are catalysts for the Indian startup ecosystem to grow. These firms help our startups to understand the market and customer insights in both the Indian and global contexts. – Kris Gopalakrishnan, N Dayasindhu and Krishnan Narayanan, ‘The IT Story of India’

The startup movement has reached a tipping point and startups are already mainstream. The initial energy, even in hhoffnterland and Tier II and III cities in India, is quite palpable. – TN Hari, ‘Winning Middle India’

Many businesses are near saturation in our metropolitan areas, but smaller towns and cities are hungry for more. – Dhruv Nath, ‘Founder of Dreams’

India possesses one of the world’s largest talent pools, with some of the best technical education in the world, and a tech sector estimated to be worth $1 trillion by 2030. – Rahul Samat, First Entrepreneur

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).