#replug. will #budget help us take baby steps towards true innovation?
February 28, 2016
this article is in the feb 2016 issue of swarajya magazine. http://swarajyamag.com/magazine/the-first-few-baby-steps
India is unable to attract foreign startups to set up shop here. We have to improve R&D, the industry-academia interface, and the regulatory environment to make the country a magnet for world-class startups.
As I write this in early January, it appears that the entire country is agog with anticipation for the Startup India event to be held on January 16th at the Vigyan Bhavan, New Delhi. I read a report that the invitation-only event that can hold 500 people is likely to be standing-room only, and over 1,50,000 people were trying to get in.
I just received the programme content, and it showcases both big-name startup founders such as the CEOs of Uber and Softbank, and of some of India’s unicorn-ish startups like Ola, Quikr, Zomato, and Google’s startup service Launchpad, with the winner of a contest among pre-screened startups going home with a prize of $50,000. It should be an interesting event with both top officials and many in the ecosystem, including in verticals such as healthcare, and horizontals such as women entrepreneurs, providing their insights.