Self reliant country by capital infusion
- October 10, 2023
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Over $350 billion of private capital has been deployed over the last decade in India, which has propelled more than 5,000 enterprises. These new businesses are anchored in innovative business models combining the full potential of technology, facilitating every Indian to fulfil their aspirations.
The big shift in the last decade is the reimagination of India as an addressable market of 300 million households, a massive shift from only 20 million households in tier-1 cities earlier.
The principles of responsible investing that the industry is committed to have enabled the building of a more equitable, inclusive economy, and one that has earned the trust of large global investors as an attractive investment destination.
The ecosystem sparked a renaissance, empowering young minds to take a bold leap. This led to a change in mindset where entrepreneurship is now an accepted livelihood and, indeed, a proud way of life.
Today, startups and new businesses are celebrated, and many are giving up established careers to follow their heart, with families standing as stalwart supporters of entrepreneurship. The proportionality of risk and reward has been embraced, forging a harmonious relationship between uncertainty and achievement.
Stories at home and those that went global are a testament to the power of partnerships between the capital provider and entrepreneurs, transforming a large democracy to be self-reliant, and elevating over a billion people to a new world of greater aspirations and confidence.
This revolution has been largely possible because of GoI’s thrust towards attracting capital. Coupled with progressive amendments such as GST and India Stack, have made India an attractive destination for investment.