Dr. Samartha Nagabhushanam
Founder
“Indian Entrepreneurs Building Global Companies: Entrepreneurship can be a significant driver of economic growth, contributing to GDP. Entrepreneurship provides employment opportunities for large numbers of people, including those with less education and training. This can help to reduce unemployment rates and improve the overall standard of living in the country. At the same time can help to improve the overall economic situation in the country and reduce poverty.
India as a Global Innovation and technology Hub: Steady progress in innovation and technological advancement contribute to a strong ecosystem, as companies invest in research and development to improve their products and processes it can lead to the creation of new markets at a global scale. Also with technological advancements there will be development of infrastructure, such as transportation networks, energy supply, and communication systems. This can lead to improvements in overall infrastructure and connectivity within the country, benefitting the overall sections of the society.
Diversification of the economy: A strong ecosystem comprising of innovation technology and manufacturing can help to diversify the economy, reducing reliance on any one sector or industry. This can help to make the country’s economy more resilient to economic shocks and fluctuations.”