Startup Ecosystem In India

Startup Ecosystem In India

A startup is a company or project on which a group of people works while investing their finances to earn a profit. Every time we see a new startup rising, we see the future and the advancements it can bring into the future. This is the reason why startups are known to be the future since the idea that any startup initiates for the welfare of humankind. We as humans are progressive in nature; therefore, we keep on inventing and innovating our ecosystem with everything that we have. 

best cbse schools in Dehradun said We want to create a world that is more beautiful and resourceful for humans. We develop types of machinery and devices to reduce the work of mankind, and we try to make it more machine based to make it more comforting for humans. The change we bring today is for the future generations that will take birth on this holy planet. Like the trees our ancestors have planted giving the fruits to us similarly the technology that we will create will be fruitful to our future generations than to us. 

The startups we start today will grow tomorrow and bring different renovations and discoveries into the world of tomorrow. India is said to have the best intelligent and intellectual minds since India has the maximum number of youths. But India loses its intelligence and the intellectual population due to a lack of opportunities and platforms. The United States is said to be a country with maximum power and intelligence because of its regularly increasing economy, developments, and space travels. But if India takes back all the Indians who have migrated to the United States, then the United States can lose 40% of its power and intelligence. 

 India is a country with an immense population that leads to many disgracing factors, but the larger is the population, the larger is the number of different innovative and inventory thoughts and ideas. If we take a look around and think of the legendary companies and business tycoons from all over the world, we find the Indians at the top of the list; it is possible that they have permanently migrated and changed their nationality, but still, they will always be an Indian Blood. Therefore the government is trying to preserve the intelligent minds of India so that India can become a developed country and can bring home the international currency. We have several government policies and schemes that will uplift India. The much renounced “Make in India” program was basically centered on providing a good opportunity and platform where we can start our own startup. 

The “Startup India” is an initiative that is also to boost the startup culture and create a healthy environment to start a startup. India is today the third-largest hub of startups after “Startup India.” This has helped a lot in building a healthy startup ecosystem through enabling knowledge and skills, as well as easy access to funding. The government is best to help startups focus on their core business and not worry about the extra taxations and expenditure because the financial loans that provide funds to the startups are provided by the government with low cost (or zero) interest. There exists the “Atal Innovation Mission” that is to nurture innovative startups and help them in becoming scalable and sustainable business enterprises. 

We have also got multiple patent-related policies and schemes that provide us easy patents not just in India but also help the investor to earn the international patent. The patent rules are made more user-friendly to process and make progress at an instant time. India is growing in terms of business and startups. The development done is turning out to be healthy and revolutionary for us as Indians. Within a few decades, India will prove itself and stand amongst the most powerful countries which India already is. At no time will India become a rapidly developing country and will soon be categorized as a developed country.