Lead Story

China Shake-Up, Domestic Investment As Energy Boosters For Indian Start-Ups

India is ready and waiting in the wings to access the capital flows which were hitherto destined for the Chinese market 

India is well-positioned to be one of the world’s leading superpowers within the next decade, driven primarily by its new economy. This new economy is underpinned by India’s growing prominence as a hub for start-up activity and entrepreneurship. The biggest example of this is the fact that the total number of recognised start-ups in India rose from 471 in 2006 to 72,993 on June 30, 2022, a figure recently quoted by minister of state for commerce and industry Som Parkash. This 150x increase is a remarkable figure and testament to how all the necessary elements required to form a solid entrepreneurial ecosystem have come together in India.