Stalwarts Say

Ian Bremmer, Founder and President of Eurasia Group
Ian Bremmer, Founder and President of Eurasia Group
May 22, 2024

Prediction for elections for Eurasia group is 305±10 seats. Really not much of a change from what we saw 5 years ago. Internationally, not just from the US perspective, but from the perspective of the rest of the world, this is an economy that has underperformed for a long time but is now doing a lot better. This is also a country that was very inward-focused for a long time, but this region is now becoming much more of a global leader in a friendly way with the Global South and with the West, trying to build bridges that’s largely positive

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Ian Bremmer, Founder and President of Eurasia Group
Ian Bremmer, Founder and President of Eurasia Group
May 22, 2024

 PM Modi is almost certainly going to win a third term on the back of pretty strong economic performance and consistent reform (and) that, in the grand scheme, is a very stabilising message.

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Lisa Curtis, Former White House Official
Lisa Curtis, Former White House Official
May 21, 2024

We're working together to bridge the digital divide between the West and the global South. I think India's leadership at the G20 last year, especially on digital public infrastructure, demonstrated this critical role that India will play in this endeavour. Together, we are helping shape the framework for the responsible and safe use of AI.

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Michael Dell, Founder, Chairman and CEO, Dell Technologies
Michael Dell, Founder, Chairman and CEO, Dell Technologies
May 21, 2024

India is one of the countries that definitely has an abundance of talent, and is a great resource for Dell Technologies and many other companies, as they are advancing their innovation agenda. There is a great desire for more sovereign AIs. Every country is going to want to do that, and India is a powerhouse. It has a great economy, it is growing quickly, and we are definitely seeing investments there aggressively.

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Rikant Pitti, co-founder of EaseMy Trip
Rikant Pitti, co-founder of EaseMy Trip
May 20, 2024

There were 450 registered startups in 2018. But today, there are more than 1 lakh startups. The startup ecosystem is growing rapidly. With the digital India initiative of 2015 and increased internet penetration across the country, digital transactions have increased significantly. Under the BharatNet scheme, more than 2.5 lakh Gram Panchayats and villages have been provided with an internet connection. The future of the country is in the hands of technology. I am very optimistic that we might become Viksit Bharat before 2047. There is no country in the world which is rapidly expanding its digital public infrastructure.

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Rakesh Verma, CEO and co-founder of Vervesemi Microelectronics
Rakesh Verma, CEO and co-founder of Vervesemi Microelectronics
May 20, 2024

I was in the semiconductor field for almost 27 years. Then I thought to quit and do something for India. We thought that it was the right time with the government policies coming in, so we started our own company in 2017. Our company has 10 patents. We thought of starting our company with products that can be useful not just in India but abroad as well... This is the right to get into chips and Integrated Circuits (IC), and with the policies coming in, it is more favourable to us.

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Gaurav Chaudhary, YouTuber
Gaurav Chaudhary, YouTuber
May 20, 2024

There were around 300 startups in India in the year 2014, today there are more than 1 lakh startups. Over the years, we have seen that Government schemes like Make in India, Skill India, and Digital India overall have had an impact on the life of the common man. But if I talk about business, they have also got benefit from it. We have become the fifth largest and are moving towards the third largest. I honestly believe that digital will have a huge contribution to the Indian economy.

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Rajan Anandan, MD Peak XV Partners
Rajan Anandan, MD Peak XV Partners
May 20, 2024

Post the reforms of 2014, the number of active mobile phone data users in India has become more than 800 million, which is more than in the US & China combined. So that's an extraordinary transformation of a digital ecosystem. We have without question the most vibrant in terms of broad-based innovation ecosystem when it comes to Digital India. But the thing that I am most excited about is De-regulation in specific, strategic sectors. The De-regulation and opening of strategic sectors like Space, Defence, etc. have spurred innovation. Because of the ecosystem provided by the government in the last 10 years, India has become the top innovator in cutting-edge sectors like aerospace, space and defence, which was unthinkable in the past.

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Pankaj Mohindroo, Chairman of the Indian Cellular Association
Pankaj Mohindroo, Chairman of the Indian Cellular Association
May 20, 2024

The story of mobile phones, what has happened in India is a very inspiring story. In 2014 we were on ground zero at the time. From there, we have grown about 2100 per cent. We are producing more than four lakh crores worth of phones. The increase is about 21 times. In electronics, we have grown about 400%. Electronics is now 150 million dollars. Electronics was a sector which was completely shunned by the investing world. It was a bad word. Today we have a lot of listed companies. The enthusiasm is red hot. The valuations we are getting are red hot.

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Deepinder Goyal, Founder, Zomato
Deepinder Goyal, Founder, Zomato
May 20, 2024

When I started Zomato in 2008, my father used to say “tu janta hai tera baap kaun hai” as my dad thought I could never do a startup given our humble background. This government and their initiatives enabled a small town boy like me to build something like Zomato, which employs lakhs of people today!

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Varun Alagh, Founder, Mamaearth
Varun Alagh, Founder, Mamaearth
May 20, 2024

We are from middle class backgrounds and started our company in 2016 from scratch and today we employ more than 10000 people. It couldn’t have been possible but for the ecosystem provided by Modi government. In the next 5 years, focus has to be on creating good jobs, producing quality and focus on research.

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Abhiraj Bhal, Founder, Urban Company
Abhiraj Bhal, Founder, Urban Company
May 20, 2024

Government was highly instrumental in helping us generate a certified skilled workforce, allowing thousands of professionals to get up skilled and credible for home services. We now employ 57,000 people in 62 cities. Startup India initiate helped us brainstorm for hours and create a highly conducive start up ecosystem.

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