THE ECOSYSTEM AND ITS PERSISTENCE.
Our country wasn’t the same yesterday! In fact, it wasn’t the same when I wrote this article.
With India marked as the third largest start-up hub in the world (it was fourth largest in 2014), the figures have crossed 4200 and is expected to show the growth of 40% by the end of 2015. By the year 2020, these figures are likely to surge to 11,500, employing over 250k people. From an IT hub, to a young start-up nation, our ecosystem is swiftly gearing up in the correct air.
India is a strong $1.8T economy, growing at 7.5% GDP growth (highest amongst the BRIC this year) which is certainly expected to remain (if not grow) by 2016. However, The Big Fat Indian startup story accounts for a number of protagonist and antagonist factors: