China is a $20 Trillion Economy.
India is a $4 Trillion Economy.
China spends $800 Billion on Education. One would expect India to spend $160 Billion on Education, but India is spending just $12 Billion !!!
Whenever we speak about this, Andhbhakts start BARKING...
what do peyush bansal, aadit palicha and harsh jain have in common? they are a part of a new founder archetype emerging in india known as BARBIEs (h/t @sajithpai) - founders who did their Bachelors Abroad and Returned to Build in the Indian Ecosystem.
@anshulbhide and i opine-
Neta ji ki good morning hui hai...
10 saal se so rahe the!
Solution he missed:
- Startup ecosystem enhancement (not in ads, but on ground)
- Developing scientific temperament in students.
- Ask oligarchs to invest, some portion of their tax benefits. (maybe in R &D)
Mic Drop
Union Minister Piyush Goyal flays Indian startups at the Startup Mahakumbh. He used the India vs China startups slide to launch a sharp critique
"Are we happy about being delivery girls and boys?"
"Food delivery apps are turning unemployed youth into cheap labour so rich can get their meals without moving out of the house"
"Kids of billionaires are making fancy icecream/cookies and calling it a startup."
"Chinese are making semi con chips, EV batteries"
"India has only 1000 deep tech startups"
"Dukaandari hi karna hai?"
Also tells @amangupta0303
"Change your perspective on Shark Tank"