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Indian Entrepreneurs
Aspiring entrepreneurs should embark on their startup journey with clarity of purpose, a clear understanding of why they are building the venture, and a well-calibrated approach, not haste, advises Shiprocket co-founder and CEO Saahil Goel. India's market dynamics, amplified by the potential of technologies such as AI, create a wealth of opportunities for aspiring entrepreneurs. "You could pick anything, from engineering tech to health tech or fintech to stocks...You think about it, and there's a new way to leverage an AI tool or an AI app...to be able to cater to that demand. So any industry with the new AI toolkit available is a great opportunity now for people to build in India," Goel told PTI. His advice for aspiring entrepreneurs: "always ask yourself why you want to do it." Goel says he often meets people who lack clarity on that basic question. The early days of an entrepreneurial journey are as much about a clarity of purpose as pitting one idea against the next. "All ...
Pitching Bengaluru as the tech capital of India that is making leaps in new-age technology like quantum science and artificial intelligence, Karnataka Chief Minister Siddaramaiah on Monday invited industry leaders for the 28th Bengaluru Tech Summit to be organised here from November 18 to 20. "We are the best place for entrepreneurs to start and grow big," he added. Siddaramaiah was addressing nearly 100 industry leaders at a breakfast meeting called by the Department of Electronics, IT & BT, Karnataka government, to promote the summit. "In Artificial Intelligence, Bengaluru ranks 5th among the world's top AI cities. It hosts nearly 50 per cent of India's AI talent, making it the second-largest AI talent hub globally," pointed out the CM. He promised that Karnataka's new IT policy will focus on creating infrastructure for AI. According to him, from the Mysuru kings to the first IT policy in 1997 and the Global Capability Centre Policy in 2024, Karnataka has always planned ...
Tails Trading Group, a UK-based supplier of multi-category consumer packaged goods led by an Indian entrepreneur, has announced the sale of its private labelling arm to a large international investor consortium for GBP 395 million. The group's labelling division has been a key supplier of a wide range of products including food and beverages, personal hygiene items, small domestic appliances and household cleaning products, with its diverse client base made up of large retailers, hotels, airlines and regional importers across North America and Europe. Terming this as a strategic move marking a significant milestone in his company's evolution, Siddharth Shankar, CEO of Tails Trading Group, said in a statement this week: We welcome this bid and are confident that the business and its social impact are safe, if not in better hands, with the new management. According to the group statement, the investor consortium is led by energy major NetOil and includes companies from the consumer ..
Kazakhstan on Thursday urged Indian entrepreneurs to invest in the central Asian country for which incentives would be given to them. Kazakhstan's ambassador to India Zhalgasbayev Nurlan said that the country has already introduced single-window support for investors, and also providing incentives such as import duty exemption and subsidy. Speaking at a session organised by the Merchants' Chamber of Commerce & Industry, he said that there are 36 Special Economic Zones in Kazakhstan. In the previous financial year, bilateral trade between India and Kazakhstan grew 17 per cent to USD 2.4 billion, he said. The priority sectors identified by the Kazakhistan government are food processing, machinery and engineering, pharmaceuticals, information and communications technology (ICT) and green and renewable energy, Nurlan said. "There are immense prospects for cooperation in the fields of natural resources, logistics, transportation, digital economy and information technology," he ...