If you ever think that why Google, Yahoo, Microsoft or even Twitter is not from India despite the fact that most of these big brands are backed by mind,mentors or tech-forces of India only than the answers is - '?'...yes its the big question mark on all of us living in India as workforce, employees,Techpreneurs or even the CEO of any company that why the best minds in India always chose to go away and create the master piece out of India rather than in India (being Indian). Some frustrated techie-Indian answered me that - "Its better to be Brain-Drain than to be a Brain in Drain".
Recently Sarah Lacy a blogger from famous TechCrunch interviewed N.R. Narayana Murthy the first person we can comfortably honor him bringing in tech revolution in India and able to list the company in NASDAQ as first from India. Murthy commented on Infrastructure in India as bad and rather deceptive than being effective. He added that - "In China, they chose to emphasize giving people economic freedom first and political freedom second and India chosen the opposite path."
Recent hype in India that we all know and some of you might even fond of is - IPL Cricket backed by our own politicians, MPs, some businessmen and even actors poured in river of money for just a "Game" of Cricket (that sarcastically beating the 'Game of Life' ..). The IPL is listed as World's Hottest League by Forbes and get bids of nice 711.47 million US Dollars (Rs.3,235 crore) just for two new teams and 627.46 Million US Dollars (Rs.2,853 crore) already been bid out for rest of the teams. IPL do have a full support of very nice people whom I don't know personally but believe me they are very nice - Sharad Pawar, India's Minister of Agriculture and Rajeev Shukla TV-anchor turned Minister of Parliament.
It feels too good when it comes to cricket that India is not that inferior in infrastructure and funds, so much money pouring in and out this season, BCCI as richest board in the world and all that.
One more unfortunate incident - India's state Uttar Pradesh's Honorable Chief Minister Sushri Shrimati Mayawati had come into attack from her enemies when she presented a rally which was reportedly cost mere 38.4 US million dollar (Rs 175 crore) of public money and a clean, beautiful garland of 5.4 million US Dollars (Rs 25 core) made of 1,000-rupee notes India currency.
That's ridiculous allegation because she was so fair lady doing so much for her state and an entrepreneur must learn from her how to bring in money for your own good no matter how you do it because what matters at the end of the day is - damn important funds. (Think Positive, you know.)
There's is so much money in India not if we see this time around but always atleast that much that we can comfortably cover our heads being the one of the most populated country. The efforts has to be made on which direction is money is going, how much productive and how can it multiple our economic freedom not just for tech-startup or entrepreneur perspective but in every means.
Recently Sarah Lacy a blogger from famous TechCrunch interviewed N.R. Narayana Murthy the first person we can comfortably honor him bringing in tech revolution in India and able to list the company in NASDAQ as first from India. Murthy commented on Infrastructure in India as bad and rather deceptive than being effective. He added that - "In China, they chose to emphasize giving people economic freedom first and political freedom second and India chosen the opposite path."
China currently has over 200 million entrepreneurs and it houses 200 venture capital firms comparing to some handful in India. The country accounts for 24.6% of the total entrepreneurship activities across the world, far ahead of Indian at 13.9% and the US at 14%, according to a survey by Global Entrepreneurship Monitor.
Recent hype in India that we all know and some of you might even fond of is - IPL Cricket backed by our own politicians, MPs, some businessmen and even actors poured in river of money for just a "Game" of Cricket (that sarcastically beating the 'Game of Life' ..). The IPL is listed as World's Hottest League by Forbes and get bids of nice 711.47 million US Dollars (Rs.3,235 crore) just for two new teams and 627.46 Million US Dollars (Rs.2,853 crore) already been bid out for rest of the teams. IPL do have a full support of very nice people whom I don't know personally but believe me they are very nice - Sharad Pawar, India's Minister of Agriculture and Rajeev Shukla TV-anchor turned Minister of Parliament.
It feels too good when it comes to cricket that India is not that inferior in infrastructure and funds, so much money pouring in and out this season, BCCI as richest board in the world and all that.
One more unfortunate incident - India's state Uttar Pradesh's Honorable Chief Minister Sushri Shrimati Mayawati had come into attack from her enemies when she presented a rally which was reportedly cost mere 38.4 US million dollar (Rs 175 crore) of public money and a clean, beautiful garland of 5.4 million US Dollars (Rs 25 core) made of 1,000-rupee notes India currency.That's ridiculous allegation because she was so fair lady doing so much for her state and an entrepreneur must learn from her how to bring in money for your own good no matter how you do it because what matters at the end of the day is - damn important funds. (Think Positive, you know.)
There's is so much money in India not if we see this time around but always atleast that much that we can comfortably cover our heads being the one of the most populated country. The efforts has to be made on which direction is money is going, how much productive and how can it multiple our economic freedom not just for tech-startup or entrepreneur perspective but in every means.
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I agree completely to your thoughts. nicely written, It's also a fact that China and India started working on building an entrepreneurial ecosystem in their country almost at same time but China went on to build 800 incubators as against India's mere 50. Those Incubators are backed up with real VCs who do invest in startups, thanks to Political pressure. but wht about India??